Due to the news that the central bank’s digital currency DC / EP (DC, digital currency / EP, electronic payment) is expected to enter the application scenario, digital currency concept stocks have strengthened for two consecutive trading days.
Wind data shows that as of the close of April 16, Golden Crown (300510.SZ), Zhongying Internet (002464.SZ), and Guangdian Express (002152.SZ) , Hengbao shares (002152.SZ), Feitian integrity (300386.SZ), digital certification (300386.SZ), Gao Weida (300465.SZ) and other nine stocks daily limit.
On April 16, some media reported that as one of the central bank ’s pilot areas for digital currency, various district agencies and enterprises in Xiangcheng District, Suzhou, 50% of the transportation subsidy in May ’s salary will be Issued in the form of digital currency.
On April 16, some media reported that as one of the central bank ’s pilot areas for digital currency, various district agencies and enterprises in Xiangcheng District, Suzhou, 50% of the transportation subsidy in May ’s salary will be Issued in the form of digital currency.
A related person in Xiangcheng District of Suzhou told Peng Pai journalists that he did receive a notification of the pilot application of digital currency.
The day before, a screenshot of the Agricultural Bank ’s digital currency wallet came out. The screenshot shows “scan code payment”, “remittance”, “receipt and payment”, “bump” etc. Features.
The latest statement of the central bank on digital currency comes from the press conference for financial statistics in the first quarter of April 10th. The digital currency will be promoted in an orderly manner as planned.
Previously, at the 2020 national video, gold, silver and security video conference call held on April 3, the central bank stated that it will unswervingly advance the development of legal digital currency jobs.
The People ’s Bank of China has been working on digital currencies since 2014.
According to the statement of the central bank, digital currency will be combined with electronic payment tools, called digital currency and electronic payment package plan. Central Bank Digital CurrencyThe goal is to replace part of M0 (cash), not M1 or M2.
The central bank ’s digital currency adopts a two-tier operation system of the central bank and commercial banks, that is, the central bank first exchanges the digital currency to the bank or other operating institutions, and then these institutions Exchanged to the public, the central bank’s digital currency does not change the current path and system of currency delivery, fully mobilizing the enthusiasm of the market.
In the research report, CITIC Securities predicted that there will be technical feasibility and policy guidance for the digital currency to be launched within the year. From the perspective of the volume of investment, the current domestic M0 scale is 8.3 trillion (increase It is declining rapidly to less than 5% year-on-year.) As a partial replacement of M0, it is expected that the central bank’s digital currency will be placed on a trillion scale, subject to customer habits and technical conditions, depending on the size of cash transaction replacement and electronic payment replacement.