What 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

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Can 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.

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Is 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.

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