A number of casino operators have been approached by Macau’s regulator to discuss the feasibility of using a digital yuan to buy gambling chips, Bloomberg News reported in December. Photo: Bloomberg A number of casino operators have been approached by Macau’s regulator to discuss the feasibility of using a digital yuan to buy gambling chips, Bloomberg News reported in December. Photo: Bloomberg
A number of casino operators have been approached by Macau’s regulator to discuss the feasibility of using a digital yuan to buy gambling chips, Bloomberg News reported in December. Photo: Bloomberg

Macau to ‘study feasibility’ of digital currency in potential threat to casinos in world’s biggest gambling hub

  • The Macau government plans to amend laws to regulate the issuance of a virtual legal tender, Chief Executive Ho Iat-seng told lawmakers on Tuesday
  • Some are worried that the imposition of a traceable, government-linked currency will be the death knell for an industry already hobbled by the coronavirus and stricter rules around high-stakes gambling

Topic |   Digital currencies
A number of casino operators have been approached by Macau’s regulator to discuss the feasibility of using a digital yuan to buy gambling chips, Bloomberg News reported in December. Photo: Bloomberg A number of casino operators have been approached by Macau’s regulator to discuss the feasibility of using a digital yuan to buy gambling chips, Bloomberg News reported in December. Photo: Bloomberg
A number of casino operators have been approached by Macau’s regulator to discuss the feasibility of using a digital yuan to buy gambling chips, Bloomberg News reported in December. Photo: Bloomberg
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