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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Bibliographic Details
Main Author: Chen Gengxuan, Jia Qinmin, Ling Hao, and Liu Yuyang
Format: Article
Language:English
Published: Editorial Department of Contemporary Social Sciences 2021-07-01
Series:Contemporary Social Sciences
Subjects:
Online Access:https://css.researchcommons.org/journal/vol2021/iss4/1

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