Social Media Reacts to China’s Introduction of Its Crypto

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The Street

By Rob Lenihan Social media reacts to China’s introduction of the digital Yuan at the Winter Olympics. China’s introduction of its digital Yuan at the Winter Olympics in Beijing has sparked a variety of reactions on social media. The introduction of the e-CNY comes less than a year after Chinese officials renewed a crackdown on the cryptocurrency industry, with authorities in China’s Sichuan province, once one of the country’s biggest mining centers, ordering crypto miners to shut down operations. Several posters on Twitter reacted to a letter U.S. Senator Pat Toomey sent to Treasury Secretary…

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