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Tag: financial surveillance

Digital Yuan Will Not Be Completely Anonymous Says PBoC Official

JD.com Joins Hands With China
JD.com Joins Hands With ChinaA high-level official of the People’s Bank of China (PBoC) has revealed that a completely private digital currency is not an option for the bank based on international recommendations.  Digital Yuan will feature Controllable Anonymity  Mu Changchun, the head of the PBoC Digitial Currency Research Institute, revealed this in a forum on Saturday. According to
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PoBC official says “controllable anonymity” is at the core of China’s digital yuan design.

An official from the Chinese central bank, People’s Bank of China (PBoC), has said a “completely anonymous central bank digital currency (CBDC) is not an option” based on international consensus. Mu Changchun, the head of the PBoCs Digital Currency Research Institute, said in a forum on Saturday that the so-called “controllable anonymity” is at the […]

PBoC official says ‘completely anonymous CBDC is not an option’

An official of the People's Bank of China has said an international consensus is that a CBDC can never be fully anonymous.

The post PBoC official says ‘completely anonymous CBDC is not an option’ appeared first on The Block.

What’s in your wallet? Government surveillance.

The US Treasury wants the ability to track cryptocurrency transactions, no warrant necessary.

Orchid Announces Priv8 Digital Privacy Summit Featuring Edward Snowden – List of Best Blockchain Events

The summit will enhance the conversation around the future of digital privacy, reveal how the pandemic accelerated existing trends and analyze how people...

Orchid Announces Priv8 Digital Privacy Summit Featuring Edward Snowden

The summit will enhance the conversation around the future of digital privacy, reveal how the pandemic accelerated existing trends and...

The post Orchid Announces Priv8 Digital Privacy Summit Featuring Edward Snowden appeared first on List of Best Blockchain Events.

Bitcoin As Fiat’s Antithesis: The Future Of Finance In Hegelian Terms

Using the framework of German Philosopher Georg Hegel, Bitcoin’s battle with fiat will reach an inevitable synthesis.

The post Bitcoin As Fiat’s Antithesis: The Future Of Finance In Hegelian Terms appeared first on Bitcoin Magazine.

The Sudden, Unexpected End of Crypto Tribalism

The last decade has been good to bitcoin and other cryptocurrencies. But this growth will soon necessitate an end to community infighting.

The post The Sudden, Unexpected End of Crypto Tribalism appeared first on Bitcoin Magazine.

BIP 2021: Bitcoin’s Path Toward Reserve Currency Status Is Set

After a momentous 2020, this will be the year that bitcoin takes major strides toward becoming the world’s reserve currency.

The post BIP 2021: Bitcoin’s Path Toward Reserve Currency Status Is Set appeared first on Bitcoin Magazine.

An Open Letter To FinCEN: Newly Proposed Regulations On Cryptocurrency

The new rules would go far beyond any existing measure of financial surveillance and destroy Americans’ financial privacy.

The post An Open Letter To FinCEN: Newly Proposed Regulations On Cryptocurrency appeared first on Bitcoin Magazine.

Everything You Need to Know About the Looming Battle Over Privacy in Crypto

Jake Chervinsky, general counsel at Compound Labs, and Kristin Smith, executive director of The Blockchain Association, talk about the storm brewing in the...

China’s Big Lenders and Fintech Firms to Distribute Virtual Yuan Tokens, which will be Highly Traceable, Potentially Amplifying Government’s Power: Report

Andy Mukherjee argues in a recently published Op-Ed in the Washington Post that the virtual yuan could potentially transform “the relationship between money,...

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