With most advanced stage testing of all other countries, the Chinese digital yuan is poised to have a major impact on China and the global economy.
Since the pandemic struck last year, China has made headlines by accelerating its efforts to become the first major power to implement a sovereign digital currency.
The digital yuan, under the national brand of digital currency / electronic payment project (DCEP), is not only intended to disrupt the well-developed country mobile payment industry and create new efficiencies in the Chinese economy, but could also challenge the supremacy …
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