Agbank is testing the central bank's digital currency DCEP wallet, with the first pilot areas identified as shenzhen, xiongan, chengdu and suzhou

BlockBeats reports that agricultural bank of China is conducting an internal test of the central bank's digital currency DCEP wallet, according to screenshots circulating in the community on the evening of April 14. The first pilot areas include suzhou, xiongan, chengdu and shenzhen, according to the wallet's internal registration information.

According to the screenshot, DCEP wallet can support common functions such as exchange, inquiry, code scanning, and remittance, and users can directly use their bank CARDS to convert DCEP into a wallet for storage.

BlockBeats, which downloaded the beta version of the wallet APP, found that shenzhen, xiongan, chengdu and suzhou were the four options in the outlet selection bar, indicating that DCEP would be the first to land in these four regions.

According to caijing, the first batch of pilot institutions of DCEP will include four state-owned commercial Banks, namely, industrial, agricultural, China and CCB, and three major operators, namely, mobile, telecom and China unicom.

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