The Digital Currency of China's Central Bank: Digital Currency Electronic Payment(DCEP)
DCEP is the Chinese version of Central Bank Digital Currency (CBDC). It is the only legal digital currency in China and meets four conditions: (a) it is issued by the central bank; (b) it is digitized; (c) it is account and wallet based; (d) it is oriented towards the general public. As a retail c...
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Format: | Article |
Language: | English |
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Editorial Department of Contemporary Social Sciences
2021-07-01
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Series: | Contemporary Social Sciences |
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Online Access: | https://css.researchcommons.org/journal/vol2021/iss4/1 |