According to source from PRNewsWire, a company known as SPEZA based in the Philipines is ready to accept China’s Digital Currency Electronic Payment (DCEP), the world’s first sovereign digital currency on top of other digital assets.
Huang Qifan, Vice Chairman of the China International Economic Exchange Center (CCIEE) announced the launch of a yuan-pegged Sovereign Digital Currency through the People’s Bank of China (PBoC).
“We must take blockchain as an important breakthrough for independent innovation of core technologies, clarify the main directions, increase investment, focus on a number of key core technologies, and accelerate the development of blockchain technology and industrial innovation,” stated President Xi as part of the 18th collective study of the Political Bureau of the Central Committee in Beijing.
“SPEZA is looking forward to working closely with the authorities and being among the first Digital Asset Exchanges in the world to adopt DCEP,” said Atty. Edwin Alden V. Uy, CEO, SPEZA.