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Chima's digital Yuan

SourceBlog
#1
The development of a digital yuan, or DECP, has taken a great leap forward, according to the People’s Bank of China, the nation’s central bank.

In a statement (in Chinese) Thursday, the bank said the “processes of top-level design, setting industry standards, developing potential functions and integration testing,” were “almost complete.” 

The bank said it has been working on the expected two-tiered system that would offer  “controllable” anonymity and the functionality to replace paper cash.
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