These Organizations Might Be The First To Receive China’s first Cryptocurrency
There are reports circulating on the net that the People’s Bank of China (PBoC) has already pre-determined the initial organizations that will be receiving the first round of central bank digital currency (CBDC).
These organizations such as Alibaba, Tencent, China Construction Bank, the Industrial and Commercial Bank of China, the Bank of China, the Agriculture Bank of China and the Chinese Banking Association Union Pay.
An anonymouse source who was reported to be part of China’s central bank digital currency (CBDC) confirmed that these seven entities will indeed be among the first to receive China’s CBDC.
The said entities will ba tasked to distribute the CBDC which they like to call DC/EP (Digital Currency/Electronic Payment) to Chinese citizens and businesses.
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