Agricultural Bank of China (ABC), one of the “Big Four” financial institutions controlled by the government of the People’s Republic of China (PBoC), has launched a mobile application for testing the nation’s central bank digital currency (CBDC) dubbed DE/CP. The DE/CP test phase will be carried out by whitelisted citizens across four cities including Xiong’An,
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Source and More information: China: State-Owned Bank Agricultural Bank of China Begins Testing CBDC
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