PBoC governor says digital yuan to be more privacy-enhanced than payment apps
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Dec 9
During a virtual video session at the Bank of Finland Institute for Emerging Economies' 30th Anniversary Conference, People's Bank of China governor Yi Gang discussedrecent developments regarding the country's central bank digital currency, or CBDC, known as the digital yuan (e-CNY). Yi specifically addressed the issue of privacy surrounding the Digital Yuan in the following statement, as translated by Cointelegraph:We are taking a high degree of focus on issues surrounding the...
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