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The concept of digital currency (CryptoYuan) is rapidly rising

The concept of digital currency to rise quickly pulled the afternoon, as of this writing, Hublot shares, Huijin shares, the public should be interconnected, Heng Bank Financial and other daily limit, Julong shares, GRG, the Blue Division software and other daily limits.

On the news, it was reported that in the afternoon of April 22, the Xiong’an New District held a pilot promotion meeting on the legal digital RMB (DC / EP). The promotion meeting was organized by the Reform and Development Bureau of Xiong’an New District Management Committee. Including digital currency research and development institutions, pilot merchants are invited to participate. It is worth noting that the digital currency used to be used for transportation subsidies in Suzhou, but in Xiong’an’s pilot recommendation list, it is mainly catering and retail companies. The pilot list on the Internet includes McDonald’s, Starbucks, Qingfeng Baozipu, Jingdong Unmanned Supermarket, CITIC Bookstore, etc.

Recently, it was reported that the central bank’s digital currency was tested in the Agricultural Bank of China, with Shenzhen, Xiong’an, Chengdu, and Suzhou as pilot cities. It is reported that all district-level agencies, enterprises and institutions in Xiangcheng District, Suzhou, whose wages will be paid by the workers and peasants in the construction of the four state-owned banks, will complete the installation of the central bank’s digital currency digital wallet in April. In May, 50% of the transportation subsidy of his salary will be obtained in the form of digital currency.

The Central Bank Institute of Mathematics said that the current online DC / EP information is the test content in the process of technology research and development, and does not mean that the digital RMB is officially issued. The current closed testing of digital RMB will not affect the commercial operation of listed institutions, nor will it affect the RMB issuance and circulation system, financial market and social economy beyond the testing environment.

In 2016, the Central Bank stated that it has basically completed the top-level design of legal digital currency, standard formulation, functional R & D, and joint debugging testing. Today, digital currency is being tested in some banks. New Times Securities believes that the central bank’s digital currency has gradually stepped out of the central bank system, and began to explore applications in commercial services such as transportation and medical services. It is expected to expand in retail and catering industries in the future. After the epidemic is relieved, as the C-end consumer group continues to expand, C-end offline payment may become the first choice for digital currency landing.

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