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PBoC governor says digital yuan to be more privacy-enhanced than payment apps -Breaking

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Gang Yi, governor of People’s Bank of China was interviewed by video during a session on virtual video at the Bank of Finland Institute for Emerging Economies’ (30th Anniversary Conference). DiscussedThe latest developments concerning the central bank’s digital currency or CBDC (also known as the e-CNY), have been announced. The following statement was translated by Cointelegraph and specifically addresses the privacy issue surrounding Digital.

Gang also spoke about the storage and use of personal information of users of technology, including: