Can China’s DCEP challenge Bitcoin?
Two major digital currencies – very different beasts – will end up co-existing rather than competing with each other directly.
Two major digital currencies – very different beasts – will end up co-existing rather than competing with each other directly.
Digital Yuan, amongst other things, will be used to fuel China’s existing infrastructure projects in the Asean region and Africa
China’s DCEP will be trialed in four cities to pay for transportation subsidies for government employees
Chinese yuan-pegged digital currency might come sooner than later, if reports are any indication.