China is set to launch its digital currency by early 2020. The country has been developing the frameworks for its issuance to commercial banks and other payment networks. China is readying the launch of its digital currency, as to be released by the central bank, PBOC. Managing Partner of HCM Capital, Jack Lee, detailed that China has conducted the development of a framework, which is called Digital Currency Electronic Payment, DCEP. The legislation put together would allow for the PBOC to start issuing digital currency to commercial banks, in addition to third-party payment networks by the likes of Alipay and WeChat Pay. He further detailed that China’s digital currency could be launched in 2020: HCM Capital. It may start rolling out its digital currency as early as the next two to three months. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next Gold technical analysis: Support is holding ahead of the Trump speech FX Street 3 years China is set to launch its digital currency by early 2020. The country has been developing the frameworks for its issuance to commercial banks and other payment networks. China is readying the launch of its digital currency, as to be released by the central bank, PBOC. Managing Partner of HCM Capital, Jack Lee, detailed that China has conducted the development of a framework, which is called Digital Currency Electronic Payment, DCEP. The legislation put together would allow for the PBOC to start issuing digital currency to commercial banks, in addition to third-party payment networks by… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
