China's digital currency not seeking 'full control' of individuals' details

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China's digital currency not seeking 'full control' of individuals' details

Balancing 'controllable anonymity' and money laundering concerns.

China's proposed digitised 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. China is preparing to be ...

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