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What is the significance of the central bank's implementation of digital currency?

Digital RMB is the legal tender in digital form issued by the People's Bank of China. It is operated by a designated operating organization and exchanged with the public. Based on the generalized account system, it supports the loose coupling function of bank accounts, which is equivalent to paper money and coins, has value characteristics and legal compensation, and supports controllable anonymity.

The research and application of legal digital currency will help to meet the public demand for legal tender in digital economy, improve the convenience, security and anti-counterfeiting level of retail payment, and accelerate the development of digital economy in China.

Reply time: 202 1-05- 10. Please refer to the latest business changes announced by Ping An Bank in official website.

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