Don't expect the digital yuan to be anonymous. The head of the People’s Bank of China digital currency institute believes a completely anonymous CBDC would interfere with preventing crimes such as money laundering and terrorism financing.
should not be as anonymous as cash, the head of the People’s Bank of China digital currency institute declared.of China’s CBDC project at the 5th Digital China Construction Summit on Monday, local financial publication Sina Finance reported.in 2020, the Chinese central bank has never targeted complete anonymity for the project, Mu said at the event. Instead, PBoC has been working to enable only limited anonymity in compliance with global Anti-Money Laundering regulations, the official stated.
However, a completely anonymous CBDC would interfere with the prevention of crimes like money laundering, terrorism financing, tax evasion and others, he added.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
U.S. accuses China of increased South China Sea 'provocations'The United States on Tuesday accused China of increased 'provocations' against rival claimants to territory in the South China Sea and other states operating there.
Baca lebih lajut »
Bill to Boost U.S. Chip Production and Competition With China Clears Key Senate HurdleThe CHIPS-plus bill includes roughly $52 billion in funding for U.S. companies producing computer chips, among other provisions.
Baca lebih lajut »
China targeted the Fed for more than a decade, Senate report findsLawmakers accused the Chinese government of “malign efforts to target, influence and undermine the U.S. Federal Reserve” in a report released Tuesday.
Baca lebih lajut »
Trump, Pence Live Updates: Pence calls China the greatest threat to U.S.Former allies Donald Trump and Mike Pence are speaking separately in Washington D.C. to preview their vision for America's future. Follow for the latest.
Baca lebih lajut »
China launches a 23-ton space station module to orbit aboard a Long March 5B rocketChina's space station is almost complete after the country launched one out of the two modules left. Astronauts will help to dock the new segment.
Baca lebih lajut »