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Tag: Digital Currency Electronic Payment (DCEP)

China’s Digital Yuan: A Catalyst for Innovation in Fintech

Introduction China’s Digital Yuan, also known as the Digital Currency Electronic Payment (DCEP), represents a significant milestone in the evolution of financial technology. It is a central bank digital currency (CBDC) issued by the People’s Bank of China (PBOC) and aims to revolutionize how transactions are conducted in the country. The Digital Yuan is poised […]

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