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3232Digital Yuan Trial Hotspot Not Seeing Wide Acceptance, Claims Report
https://www.digit.info/digital-yuan-trial-hotspot-not-seeing-wide-acceptance-claims-report/
Tue, 11 May 2021 20:00:42 +0000https://www.digit.info/2021/05/11/digital-yuan-trial-hotspot-not-seeing-wide-acceptance-claims-report/Read more]]>With digital yuan pilots underway in China, it seems the currency is not meeting government expectations. A recent report highlighted a series of interviews from people in the hotspot, reflecting a lackluster reception among the participants. Privacy Concerns Reported According to Bloomberg, residents in Shenzhen, the Chinese analog to Silicon Valley, have shown little interest […]
]]>Digital Yuan Won’t Be Fully Anonymous but Offers ‘Controllable’ Privacy Protection, Says Official
https://www.digit.info/digital-yuan-wont-be-fully-anonymous-but-offers-controllable-privacy-protection-says-official/
Wed, 24 Mar 2021 02:30:57 +0000https://www.digit.info/2021/03/24/digital-yuan-wont-be-fully-anonymous-but-offers-controllable-privacy-protection-says-official/Read more]]>Privacy has been a discussion that has not gone unnoticed when it comes to the forthcoming launch of the digital yuan. The head of the People’s Bank of China-run Digital Currency Research Institute had firmly pointed out that anonymity cannot be guaranteed at all. Feature Seeks to Avoid Tax Evasion and Finance Terrorism During an […]
With digital yuan pilots underway in China, it seems the currency is not meeting government expectations. A recent report highlighted a series of interviews from people in the hotspot, reflecting a lackluster reception among the participants. Privacy Concerns Reported According to Bloomberg, residents in Shenzhen, the Chinese analog to Silicon Valley, have shown little interest […]
Privacy has been a discussion that has not gone unnoticed when it comes to the forthcoming launch of the digital yuan. The head of the People’s Bank of China-run Digital Currency Research Institute had firmly pointed out that anonymity cannot be guaranteed at all. Feature Seeks to Avoid Tax Evasion and Finance Terrorism During an […]