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Apr 12 2021 Against this background the Peoples Bank of China PBoC the Chinese central bank has taken the initiative of developing its own digital currency known as the Digital Currency Electronic Payment DCEP. CBDC has been used to refer to various proposals involving digital currency issued by a central bankA report by the Bank for International Settlements states that although the term central bank digital currency. Ep 25 Bitcoin Surges In Hong Kong S Geopolitical Storms China Widens Dcep Testing Ethereum Classic S Audacious Attacks Forkast from news.google.com