The central bank is responsible for the issuance, verification and monitoring of digital currency.After applying for digital currency from the central bank, commercial banks directly face the public and are responsible for providing digital currency circulation service and application ecosystem construction service.
You can get services from banks and payment companies (called DCEP service providers)to exchange DCEP through a tied bank account. You can also exchange DCEP into bank deposits. All operations can be completed through the mobile phone’s DCEP wallet application provided by DCEP service provider.
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