![PFXICP2DVRHUVD4HP5RTWVYWMA Probe It référencé cybermalveillance.gouv](https://veille-cyber.com/wp-content/uploads/2021/11/PFXICP2DVRHUVD4HP5RTWVYWMA.jpg)
The machine requires a passport, but not a bank account.
The Bank of China has shown a machine that converts foreign currencies into digital yuan, China Times reported today.
-
The machine is likely in preparation for the 2022 Beijing Winter Olympics, when the central bank digital currency (CBDC) is set to be introduced to the rest of the world.
-
Users need to link their passports to the transaction, but don’t need a bank account, according to the report. The machine, unveiled at China’s International Import Expo in Shanghai, currently supports 17 foreign currencies.
-
Foreigners in China have been able to use the digital yuan since at least May of this year.
-
The CBDC has been used in $9.7 billion worth of transactions, the head of the PBOC Digital Currency Research Institute Mu Changchun said last week.