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China UnionPay issues digital currency card

Publish: 2021-04-19 07:36:11
1. BOC has not issued any digital currency, which is a false information. The Bank of our country forbids digital currency. The central bank has planned to issue digital currency, but it is still in the experimental stage. Moreover, the digital currency that the central bank plans to issue is also different from bitcoin, Ruitai, Laite and other digital currencies.
2.

If you are transferring out from CMB, please see the screenshot:

(response time: April 19, 2019, please refer to the announcement on CMB's official website for the latest business changes.)< br />

3.

TBCC is not China UnionPay digital currency

the digital currency of the central bank is the legal tender approved by the State Council. The central bank organizes market institutions to engage in the research and development of digital currency of the central bank

the digital currency of the people's Bank of China can be simply called the digital version of RMB, which is essentially the same as the paper version of RMB. It's just that paper money is visible, and electronic money is in everyone's electronic device



extended data:

significance of Central bank currency Digitization:

1. Central bank currency digitization helps to optimize the central bank's monetary payment function, improve the central bank's monetary status and the effectiveness of monetary policy

2. The central bank's digital currency can become an interest bearing asset to meet the holder's reserve demand for safe assets, and can also become the lower limit of bank deposit interest rate

It can also become a new monetary policy tool. At the same time, the central bank can affect the bank's deposit and loan interest rate by adjusting the central bank's digital currency interest rate, and help break the zero interest rate lower limit

From the perspective of economics, there are three main problems to be solved. It is possible to eliminate illegal cash transactions and money laundering, implement negative interest rates and spread money by helicopter

4. UnionPay does not issue digital currency cards, and it has nothing to do with digital currency. In 2014, UnionPay issued an announcement banning digital currency. The development of digital currency will affect UnionPay, which is a competitive relationship
some digital currencies that claim to have a certain relationship with UnionPay are false propaganda, and these currencies are unreliable. Bitcoin, Ruitai coin and vitality coin are real digital currencies, and they are all open source.
5.

Sun Yuchen was born in 1990. The post-90s mobile social application accompanies me, chairman and CEO3 of app, founder and chairman and ceo4 of Ruibo. He holds a master's degree from the University of Pennsylvania and a bachelor's degree from Peking University. Since its establishment in 2014, the company has received several rounds of tens of millions of US dollars investment from many institutions including IDG, xinzhongli, qingkong, Kechuang, fashion group and Zhongke capital. The investors and shareholders include several CEOs of Listed Companies in China and the United States, with a valuation of billions of RMB. 1 World Economic Forum (Davos Forum) global outstanding youth, was rated as Forbes 2015 China's 30 entrepreneurs under the age of 30. In 2015, he became the only post-90s student among the first batch of students of Hupan university founded by Ma Yun

6. No, the central bank has not issued digital currency yet< At present, digital currency is still in the stage of demonstration. Based on the research experience of digital currency at home and abroad, combined with the existing technical system and business scope of UnionPay, the feasibility of UnionPay network supporting legal digital currency is studied and demonstrated< < br > < br > since its establishment, under the leadership of the people's Bank of China, China UnionPay has successfully completed the historical mission of "universal networking" and successfully created its own brand, which has played an important role in serving economic and social development, improving people's livelihood, enhancing the level of financial services, and promoting the construction of China's modern payment system< Br > < br > for details, please check the official website or contact UnionPay customer service< br>

7. UnionPay is not a card, it is a card issuing institution. It can issue almost all the bank cards in China.
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