The subject of central bank digital currencies [CBDC] has gained considerable traction lately.
A screenshot of an online wallet used in testing China’s CBDC was making the rounds recently, which hinted that China’s digital Yuan project has reached the final phase.
By the looks of it, it seems like China’s DCEP being in the final stage of development may have coerced Facebook into revamping the original Libra whitepaper.
OKEx’s CEO – Jay Hao in a recent report shared his thoughts on China’s DCEP.
It was also reported towards the end of 2019 that Bank of Canada also had been working on a CBDC to replace cash.

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