Digital Currency Electronic Payment (DCEP)

Starbucks, McDonald’s Among 19 Firms to Test China’s Digital Yuan: Report

The food and beverage giants are among the restaurants and retail shops reportedly on a local government list for testing of China's central bank digital currency.

Business  ·  23 April 2020

Libra vs. DCEP? The Battle for the Future of Money Heats Up

NLW breaks down libra’s new fiat-pegged model, DCEP’s trial app and China’s Blockchain Service Network

People  ·  16 April 2020
China

China’s DCEP Unlikely to Impact Crypto Markets in the Long Term, eToro Analyst Says

China is taking a great leap forward to develop a central bank digital currency, with more than 80 patents filed by the People’s Bank last week.

Markets  ·  17 February 2020
CBDC

Unlike Libra, Digital Yuan Will Not Need Currency Reserves to Support Value: PBOC Official

PBOC wants to distinguish its own digital currency from rival private initiatives.

News  ·  23 December 2019