The Central Bank of China (CBDC) is commercially ready for its long-term purchase, which is in a few placescommercially available banks have begun to test the application of a digital wallet linked to CBDC.
According to a message to Reuters, employees of large banksWe have already started to process payments, including payments for various accounts. Apparently, this acceleration is ensured by the declaration of the National Bank of China (NBK) about faster development and enhanced movement of digital currency.
Almost immediately after the NBK, the former vice-president of the Bank of China Ban Yongli said that China could position the CBDC as a replacement for cash.
"For the first time, we need money, there are political systems, in which the use of personal resources is necessary, especially for the elderly," he said.Expect.
The most dense country in the world is alsoThe most advanced country from the CBDC development point of view. One of the largest state-owned banks, the German-owned bank of China, has created a strong version of the mobile power supply.
Presumably, it will work similarly to other online payment platforms, such as Alipau and WeChat Power.
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