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Chinese State-Owned Bank Offers Test Interface for PBoC Central Bank Digital Currency

by CBDC Insider Staff
May 10, 2020
in Asia, Business
Reading Time: 1min read
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Chinese State-Owned Bank Offers Test Interface for PBoC Central Bank Digital Currency
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The Agricultural Bank of China (ABC), one of the nation’s four state-owned banking giants, is trialing a test interface for the country’s central bank digital currency (CBDC).
Screenshots of an internal mobile application developed by the ABC, initially seen circulating on WeChat on Tuesday and later verified by CoinDesk, shows the banking giant has already developed a front-end interface of how users could potentially interact with China’s CBDC – also known as DC/EP.

Continue read: https://www.coindesk.com/chinese-state-owned-bank-offers-test-interface-for-pboc-central-bank-digital-currency

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