Ride-Hailing Giant DiDi Chuxing to Test China's Digital Yuan

in hive-116221 •  5 years ago 

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DiDi Chuxing, a major Chinese ride-hailing platform, is going to implement a trial for China's central bank digital currency (CBDC), the company announced on Wednesday.

The ride-sharing platform has entered into a strategic partnership with the Digital Currency Research Institute of the People's Bank of China (PBoC) to implement this testing of digital yuan, officially known as Digital Currency Electronic Payment (DCEP).


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