The global COVID-19 crisis has forced many businesses to either shut down or make significant changes to their business models. Individuals and companies are increasingly using digital platforms and services to conduct transactions or complete routine tasks that they normally carried out at physical locations.
It seems that now would be an ideal time to introduce alternative payment methods, including digital currencies. The development of China’s national virtual currency payment system, the Digital Currency Electronic Payment (DCEP), has been making steady progress.
