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Questions tagged [chinas new cryptocurrency]

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Federico Federico Sun Nov 24 2024 | 7 answers 1533

What is China's new Cryptocurrency called?

China's new cryptocurrency is called Digital Currency Electronic Payment (DCEP), also known as the e-yuan. It is being tested in pilot projects across several Chinese cities and is expected to be rolled out nationwide in the future.

What is China's new Cryptocurrency called?

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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