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Six largest state-owned commercial banks in China have started accepting public applications to open trial on digital-yuan wallets, part of a move to pave the way for the digital currency's nationwide rollout.
According to a report by China's state-run China Securities News on Tuesday, the testing process of the digital yuan, also known as the Digital Currency Electronic Payment (DCEP), is accelerating and the six largest state-owned commercial banks have started to promote the digital yuan wallet to their customers.
Chinese citizens in Shanghai can apply at one of . . .
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