Tag Archives: DCEP

20Nov/20

Goldman Sachs Expects Digital Yuan to Reach 1B Users Within 10 Years

The digital yuan, China’s planned national virtual currency, would account for 15% of total consumption payments in ten years, helping commercial banks gain more ground from fintech companies, according to a Nov.Read More…

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09Dec/19

China’s Central Bank Likely to Pilot Digital Currency in Cities of Shenzhen and Suzhou: Report

The tests are likely to include the participation of state-owned partners. These comprise the “Big Four” commercial banks – the Industrial and Commercial Bank of China, Bank of China, China Construction BankRead More…

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