Cryptocurrency Q&A
What is the new official cryptocurrency of China?
What is the new official cryptocurrency of China?
Michele
Fri Feb 14 2025
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5
answers
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The new official cryptocurrency of China is Digital Currency Electronic Payment (DCEP), also known as the digital yuan, launched by the People's Bank of China.
5 answers
Federico
Sun Feb 16 2025
The primary application of the digital yuan is in retail transactions.
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Giulia
Sun Feb 16 2025
By using the digital yuan, individuals can complete payments more quickly.
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Sofia
Sun Feb 16 2025
The People's Bank of China (PBOC) has issued the digital yuan.
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DongdaemunTrendsetting
Sun Feb 16 2025
This digital currency is essentially a digitized version of the renminbi (RMB).
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CryptoNinja
Sun Feb 16 2025
It holds the same exchange rate as physical currency.
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