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Chinese payment apps, says Chinese central bank governorCrypto News The governor of the People Bank of China claimed that the Central Bank Digital Currency (CBDCs) based digital Yuan is more secure and private than other payment systems.On the occasion of the 30th Anniversary Conference of the Bank of Finland Institute for Emerging Economies, Gang Yi – Governor at People Bank of china- shared about the development work on the Central Bank Digital Currency (CBDCs), known as e-CNY or digital Yuan. In the very starting, the Governor took reference to the privacy issues of the Digital Yuan and said that “Digital...
