Deloitte Qin Yi: The introduction of legal digital currency requires the construction of an overall support system

According to the Economic Information Daily, Qin Yi, the managing partner of Deloitte's Asia-Pacific investment management industry, said in an interview that it cannot be innovative for innovation. The introduction of legal digital currency requires the construction of an overall support system. There are meticulous calculations. He also pointed out that in the electronic age, personal privacy and data security are top priorities. The implementation of the EU's GDPR last year and the huge fines imposed by EU and US regulators on Internet giants such as Google and Facebook highlight the importance that European and American regulators attach to personal privacy and data security in the Internet age. “When the People’s Bank of China tries to implement digital legal currency, consumer rights protection, especially data security and privacy protection, should also be the highest standard in the world.”