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PBoC Official Explains Why Digital Yuan Won’t Be Fully Anonymous

Chinese officials are willing to ensure digital anonymity for the country’s central bank digital currencies (CBDCs), but only for a small class of transactions. Total Anonymity of CBDCs Impossible According to a local news outlet, an official of the People’s Bank of China (PBoC), Mu Changchun, has said that a completely anonymous digital yuan is […] The post PBoC Official Explains Why Digital Yuan Won’t Be Fully Anonymous first appeared on BitcoinExchangeGuide. дальше »

2021-3-24 20:15


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Digital Yuan Will Not Be Completely Anonymous Says PBoC Official

A high-level official of the People’s Bank of China (PBoC) has revealed that a completely private digital currency is not an option for the bank based on international recommendations.  Digital Yuan will feature Controllable Anonymity  Mu Changchun, the head of the PBoC Digitial Currency Research Institute, revealed this in a forum on Saturday. According toRead More дальше »

2021-3-23 20:00


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Shenzhen’s Digital Yuan Test Records Massive Success

The government of Shenzhen, China, has announced via a WeChat post that its digital yuan test exercise, which went live on January 7, this year, has recorded massive success, as residents have used the central bank digital currency in nearly 140,000 transactions during the testing operation, reports TheBlock on January 18, 2021. China’s CBDC GainingRead More дальше »

2021-1-20 00:00