People's Daily: The Central Bank's Digital Currency Has Basically Completed the Top-level Design

Abstract : At present, digital currencies have basically completed the top-level design, standard formulation, function research and development, and joint debugging and testing on the premise of adhering to the double-layer investment, M0 substitution, and controlled anonymity.

ChainDD
ChainDD

Jan 01

People's Daily today published "Digital Currency, How Do You Know?"  The relevant person in charge of the People's Bank of China recently stated that the central bank regards digital currency as one of the most important infrastructures in the future and actively carries out research and development of legal digital currency. 

At present, digital currencies have basically completed the top-level design, standard formulation, function research and development, and joint debugging and testing on the premise of adhering to the double-layer investment, M0 substitution, and controlled anonymity. 

In the next step, it will follow the principles of stability, security, and controllability, rationally select pilot verification areas, scenarios, and service scopes, continue to optimize and enrich functions, and steadily promote the introduction and application of digital forms of fiat currencies.

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