at the center of the ecosystem. Stablecoins are cryptocurrencies that are supposed to be backed by trustworthy assets.
Liao also thinks China could make e-CNY available as a stablecoin but noted the government won't do so unless it believes it has enough power to prevent crime and potential financial instability."It is also likely that China will never allow private issuers of digital yuan, whereas all issuers of USD-backed stablecoins are private," she said.
"The PBOC is very reliant on those companies to collect the data, to process the data, to monitor the data, to make sure that compliance with various Chinese laws and regulations is happening," said Robert Greene, a nonresident fellow at the Carnegie Endowment for International Peace's Cyber Policy Initiative and Asia Program.
That data might be helpful for reaching development goals, but some experts have also raised concerns that e-CNY will help facilitate financial surveillance."There's a lot of dystopian views on what this will allow the government to do," Kapron said. But he added that many nations would likely jump at the opportunity to implement a similar digital currency.central-bank digital currencies like e-CNY, though China's project is considered one of the most advanced.
Das ist Bullish
中国央行申请的一项专利表明，中国并未放弃加密交易。一位专家说，我们的目标不是彻底禁止活动，而是找到控制活动的方法。
😂 haha
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