1 thought on “jolie jewelry wholesale What are the digital RMB pilot cities?”

  1. laalee jewelry wholesale The pilot cities of digital RMB are Shenzhen, Suzhou, Xiong'an New District, Chengdu, and the Future Winter Olympics. It will conduct internal closed pilot tests to continuously optimize and improve functions.
    D digital renminbi, the letters of letters are tentatively scheduled to be "E-CNY" in accordance with international usage practice. It is a legal currency in a digital form issued by the People's Bank of China. Based on it, it supports the loosening function of bank accounts, equivalent to paper money coins, has valuable characteristics and legal repayment, and supports controllable anonymous.
    The concept of digital RMB has two points, one is that digital RMB is a legal currency in digital form; the other is equivalent to paper banknotes and coins. And coin. It is mainly positioned as cash payment vouchers (M0), which will coexist with the real RMB for a long time. It is mainly used to meet the public's demand for digital form cash and help inclusive finance.
    The legal currency
    D digital RMB is issued by the People's Bank of China. It is a legal currency with national credit endorsement and legal ability.
    Compared with virtual currency such as Bitcoin, digital RMB is a fiat currency. It is the highest effectiveness and safety as the legal currency. Bitcoin is a virtual asset. Any sovereign credit guarantee cannot ensure stability of value. This is the most fundamental difference between central bank digital currencies and Bitcoin and other encrypted assets.

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