Binance claims the PBOC’s system will allow fund transfers without the need for a bank account using what it terms ‘decoupled’ banking.
Source: https://www.coindesk.com/chinas-digital-currency-will-be-two-tiered-replace-cash-binance
China’s Digital Currency Will Be Two-Tiered, Replace Cash: Binance
August 29, 2019
CoinDesk
