Chinese ride-hailing giant Didi Chuxing (Didi) said it has entered into a strategic partnership with the People’s Bank of China to speed up the research and development of the central bank’s planned digital currency – known as Digital Currency Electronic Payment (DCEP) – via its on-demand transport platform.
“Didi’s DCEP task force will design and implement pilot DCEP projects in accordance with rigorous safety, security and governance standards,” Didi said in a statement on Wednesday.
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