#agricultural bank of china News

Hardware wallet for Digital Yuan Launched in Xiongan

Xiongan Launches First Hardware Wallet for Digital Yuan

February 9, 2021 by Anthonia Isichei at Regulation

Following the continuous testing and promotion of China's central bank digital currency (CBDC), the city of Xiongan has introduced the first hardware wallet for the digital yuan. Major Bank ABC Creates Digital Yuan Hardware Wallet The Xiongan Authorities made the announcement on Sunday (Feb. 7, 2021). According to the announcement,...

China's e-yuan Digital Currency Part of Concerted 2020 Fintech Push

China: State-Owned Bank Agricultural Bank of China Begins Testing CBDC

April 15, 2020 by Ogwu Osaemezu Emmanuel at Blockchain

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...