The clampdown in China comes as the country’s central bank has been testing its own digital currency, the electronic Chinese yuan. A notice posted by the central bank explicitly called out Bitcoin and Ether , the two most popular cryptocurrencies, for being issued by “non-monetary authorities.”
Read moreHow do I purchase DCEP?
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 DCEP coin?
The country’s new Digital Currency Electronic Payment (DCEP) – a digital payment and processing network run by the Central Bank of China – and its digital currency, the digital yuan (e-CNY), is expected to completely replace physical cash.8 Eyl 2021
Read moreCan I buy DCEP?
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 moreIs DCEP a cryptocurrency?
“Digital Currency Electronic Payment” (DCEP or CBDC), is the national digital currency of China built with Blockchain and Cryptographic Technology . So, this cryptocurrency is unlike any before it, DCEP is pegged 1:1 with the Chinese national currency “RMB” and is NOT for speculation.
Read moreWhere can I buy DEAP coins?
How to buy DEAPcoin
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