#PBoC Digital Currency Director Says Blockchains Need Centralization...!

China’s digital currency director said that excessive decentralization is a fatal flaw that spells doom for Bitcoin, Ethereum, and many other public blockchains.

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Previously, PBoC vice governor Fan Yifei said that a central bank digital currency should have “controllable anonymity” so that the government could mitigate money laundering, terrorist financing, and other financial crimes...Click here to know the details story

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Josiah Wilmoth

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