KM Financial Solutions | RPT-China’s digital currency not seeking “full control” of individuals’ details – c. bank official
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RPT-China’s digital currency not seeking “full control” of individuals’ details – c. bank official

RPT-China’s digital currency not seeking “full control” of individuals’ details – c. bank official

China’s proposed digitized
domestic currency is not a bid to gain full control of
information belonging to the general public, a senior central
bank official said on Tuesday, adding that the goal was to
balance privacy concerns and the authorities’ need for
information.

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