Macau regulator denies digital currency plans

The DICJ denies that it is looking into using the e-yuan as a replacement for the Hong Kong dollar at Macau’s casinos.

Macau.- The Gaming Inspection and Coordination Bureau (DICJ) has denied a media report that claimed it had held conversations with casino operators on the introduction of cryptocurrency for the purchase of casino chips.

The DICJ said reports of conversations o the matter was “fake information”.

The response comes after Bloomberg reported quoted unnamed sources claiming that talks had been underway for months about accepting the e-yuan, the world’s first state-backed cryptocurrency, at casinos.

The stated that Chinese authorities had been testing the currency issued by the country’s central bank in Shenzhen, Suzhou, Xiong’an, Chengdu, and future Winter Olympics locations.

The report said the e-yuan would eliminate the use of the Hong Kong dollar at casinos, a move that could have a deep impact on VIP operators that offer discretion when it comes to high-rollers’ gambling habits.