How to buy DCEP? Currently DCEP is only available to other banks working with the People’s Bank of China . This will eventually open up to the general public in 2020. There are currently no cryptocurrency exchanges that trade DCEP.
Read moreWhat is China’s cryptocurrency called?
The digital yuan , also called e-CNY, e-Yuan, digital RMB, Yuan Cryptocurrency, or Digital Currency Electronic Payment (DCEP) is the virtual form of Chinese renminbi issued by the People’s Bank of China.
Read moreHow does the DCEP work?
The aim of DCEP is not to substitute the existing legal tender. It uses some of the features of blockchains, such as traceability and “smart contracts”, to reduce the expenses and frictions of bank transactions, tackle money laundering, and boost overall financial tracking .
Read moreCan you buy digital yuan?
Buying the Digital Yuan The digital yuan is not available to non-Chinese citizens and investors are not able to directly buy or trade its digital currency . Since the digital yuan is simply a digitized version of the physical yuan, there are indirect ways for investors to invest in the China digital currency.
Read moreWhere can I buy China’s cryptocurrency?
How to buy Yuan Chain Coin
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