#agricultural bank of china News

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...