Central Bank Mu Changchun: Central Bank digital currency will meet the public's private trading needs

According to Reuters, Mu Changchun, director of the Digital Currency Institute of the People's Bank of China, stressed at a meeting in Singapore that we know that the public uses banknotes and tokens to maintain anonymity, and we will meet the anonymous trading needs of these users. The central bank will maintain a balance between controllable anonymity and anti-money laundering, counter-terrorism financing (CTF) and taxation, online gambling and any digital criminal activity. Mu Changchun said that the public has the need for anonymous payment, but today's payment tools are tightly bound to the traditional bank account system, can not meet the consumer's anonymous payment needs, and can not completely replace the cash. He said that we must maintain balance, which is our goal. We do not seek full control over public information.