| Sumario: | Taking into account China's official goal to have a fully functioning digital yuan for the Beijing 2022 Olympic Winter Games, it is very likely we will see a further extension of sovereign digital currency acceptance, stretching from the urban metro system to the high-speed rail network, in the not too distant future. The digital yuan ATM service represents an important effort toward increasing digital currency circulation, particularly when compared to the previous pilot programs based on a lottery system. The People's Bank of China has been stepping up promotion of the digital yuan, a so-called Central Bank Digital Currency that aims to replace some of the cash in circulation.
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