On April 14, the central bank digital currency DCEP was tested in ABC
DCEP debuts on October 29, 2019 At the "2019 Bund Financial Summit" organized by the China Financial Forty Forum and other institutions, Huang Qifan, deputy chairman of the China International Economic Exchange Center, said at the meeting: "At present, the digital currency DCEP launched by China's central bank is based on blockchain technology Brand-new encrypted electronic currency system. "
The central bank's digital currency can become an interest-bearing asset to meet the holder's demand for safe assets, and it can also become the lower limit of bank deposit interest rates. It can also become a new monetary policy tool.
DCEP is the first to conduct internal testing in the Agricultural Bank of China. This sign may indicate that the world's first digital currency launched by the central bank is about to land quickly.
I think this will have a significant impact on existing digital currencies.
Invest carefully to avoid risks