TOTAL: {[ getCartTotalCost() | currencyFilter ]} Update cart for total shopping_basket Checkout

Asia Pacific Dashboard Digest | Privacy still major issue with Chinese digital yuan, says central bank chief Related reading: Adam Ford appointed IAPP Australia, NZ managing director

rss_feed

""

GDPR-Ready_300x250-Ad

China Central Bank Governor Yi Gang said privacy protection is a top lingering issue for implementing China’s central bank digital currency, the digital yuan, Yahoo News reports. Otherwise known as the e-CNY, it recently reached 100 billion yuan in transaction volume. Gang said e-CNY is designed to "ensure privacy protection and financial security through by-and-large anonymity and managed anonymity.” He added anonymity is done through "transaction-related data ... encrypted for storage," and "entities and individuals are prohibited from arbitrary inquiry or information usage without rigorous legal authorization."
Full Story

Comments

If you want to comment on this post, you need to login.