Bitcoin Senator: Ban US Athletes From Using China s Digital Yuan at Beijing Winter Olympics
Senator Cynthia Lummis asked the U.S. Olympic & Paralympic Committee to stop athletes from using the central bank digital currency.
In brief
The digital yuan is being piloted right now.
Three senators think using the yuan further enables Chinese state surveillance.
With this month s Tokyo Summer Olympics clouded in uncertainty due to COVID, prominent U.S. lawmakers are already looking ahead to the next games, the 2022 Winter Olympics in Beijing.
And they re worried not about the spread of a virus, but about the spread of money.
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Source: Lacy Atkins/The Tennessean via AP, Pool, File
Cuba’s communist government is continuing to suppress protesters from sharing real-time updates concerning the authoritarian regime, but bipartisan legislation is enabling activists to access the internet. The Open Technology Fund Authorization Act, championed by Senators Marsha Blackburn (R-TN) and Bob Menendez (D-NJ), supports tools to circumvent internet censorship, including Psiphon.
“Socialism and communism leads to pain and suffering, and Cuba is the perfect example,” Blackburn said of the legislation. “The repressive Cuban government is attempting to squash protests by cutting off internet access for Cubans rebelling against communism. Yet, over 146,000 Cubans continue to have daily access to the internet thanks to open-source tools supported by the bipartisan Open Technology Fund my colleagues and I championed. The United States must do everything in its power to support those standing up to authorit