DCEP
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.
The Agricultural Bank of China has rolled out an internal test interface for the nation's central bank digital currency, allowing whitelisted users to register and trialing certain functions.
A former vice president of the Bank of China has argued digital currency should replace fiat in the nation's financial systems.
China’s Central Bank Likely to Pilot Digital Currency in Cities of Shenzhen and Suzhou: Report
Dec 9, 2019
The People's Bank of China is said to be preparing to launch pilots for its digital currency in Shenzhen and Suzhou from the end of the year.