1. After the people's Bank of China announced the launch of
digital currency as soon as possible in January this year, Zhou Xiaochuan, governor of the people's Bank of China, recently gave a detailed description of the development of digital currency in an interview with Caixin weekly
Zhou Xiaochuan pointed out that as legal tender, digital currency must be issued by the central bank. The issue, circulation and transaction of digital currency should follow the idea of integration of traditional currency and digital currency, and implement the same principle of management. That is to say, q-coin and the like are definitely not good
as for whether to use
blockchain technology to create digital currency. Zhou Xiaochuan said that the blockchain technology is an optional technology, but so far, the blockchain still occupies too many resources. Whether it is computing resources or storage resources, it can't cope with the current transaction scale, and whether it can be solved in the future depends on it. Zhou Xiaochuan said that in addition to blockchain technology, the digital currency research team of the people's Bank of China has also concted in-depth research on other related technologies involved in digital currency, such as mobile payment, trusted and controllable cloud computing, cryptographic algorithm, security chip, etc
it is certain that the digital currency issued by the central bank can never be the same as
bitcoin, Ruitai, Qianjin card and other digital currencies. The digital currency issued by the central bank is just the digital currency.
2. On January 18, the business management department of the people's Bank of China issued the "notice on carrying out self inspection and rectification of payment services for illegal virtual currency transactions", which made it clear that the unit and its branches are strictly prohibited from providing services for virtual currency transactions, and took effective measures to prevent payment channels from being used for virtual currency transactions
the notice also shows that for the discovered virtual currency transactions, the payment channels of relevant transaction entities should be closed in time, and the funds to be settled should be properly handled
reported and quoted pan Gongsheng as saying in the memo: "we should always maintain a high pressure on the virtual money market, strictly prevent the risk of virtual money from gathering again, and eliminate the potential risks in the bud." He also said that the national and local authorities should ban the places that provide bitcoin and other virtual currency centralized trading, as well as the so-called "wallet" service providers that provide guarantee and clearing services for virtual currency centralized trading, and indivials or institutions that provide market maker services for centralized trading
3. At the Boao Forum for Asia held in April this year, Zhou Xiaochuan, governor of the central bank, said that since digital currency is not the currency initiated and approved by the central bank, it is impossible to ban it. Digital currency belongs to digital assets, which can be freely traded between indivials. Therefore, digital currency is not MLM, not capital disk, but a kind of financial investment
4. Zhou Xiaochuan, the governor of the central bank, said at the Boao Forum for Asia that virtual currency is not a currency approved by the central bank and can not be banned. Since digital currency is not the currency initiated and approved by the central bank, it can not be banned. Digital currency belongs to digital assets, which can be freely traded between indivials. Therefore, digital currency is not MLM, not capital disk, but a kind of financial investment.
5. In fact, the central bank has been studying digital currency for a long time. From the perspective of historical development trend, money has always evolved with the development of technological progress and economic activities. From the early physical money, commodity money to the later credit money, it is a natural choice to adapt to the development of human commercial society. As the currency of the previous generation, paper money has low technology content. From the perspective of safety and cost, it is the general trend to be replaced by new technology and new procts. In particular, with the development of the Internet and the great changes in payment methods all over the world, the establishment of digital currency issuance and circulation system is very necessary for the construction of financial infrastructure and the promotion of economic quality, efficiency and upgrading.
6. Many MLM companies are engaged in MLM under the guise of blockchain and virtual currency. We should pay attention to distinguish them. I feel that you should not be too formal. Be careful
7. On March 28, the central bank held a national teleconference on monetary gold and silver work in 2018. Fan Yifei, vice governor of the people's Bank of China, pointed out that we should further strengthen reform and innovation and solidly promote the research and development of digital currency of the people's Bank of China. We should strictly strengthen internal management and external supervision, attach great importance to and effectively strengthen the quality control of RMB, carry out large amount cash management, build a cash clearing enterprise supervision system in accordance with the law, carry out the rectification and clean-up of all kinds of virtual currencies, and strive to build a "five in one" anti-counterfeit currency working mechanism
from the perspective of global digital currency regulatory practice, China has adopted a more stringent regulatory approach, but it does not mean that China can stay out of the global financial innovation wave. In the future, China should actively participate in the global governance of digital currency and enhance its influence and voice in the development of digital currency and regulatory rules
8. At present, the work of currency, gold and silver is facing new challenges. The traditional business environment has undergone major changes. The development of digital economy, the diversification of payment means and the change of the public's habit of using banknotes have had a profound impact on the issuance and circulation of RMB. The public has also put forward new and higher requirements for the level of cash service. The monetary gold and silver work of the central bank needs to be continuously deepened in serving the real economy, effectively promoted in improving services for people's livelihood, and comprehensively strengthened in preventing and defusing risks.
9. From April 18 to 21, the Boao Forum for Asia 2021 annual meeting was held at the Boao Forum for Asia International Conference Center in Hainan. During the meeting, Li Bo, vice president of the people's Bank of China, held a speech at the Boao Forum for Asia & lt; Digital payment and digital currency; When making a video speech at the sub forum, he talked about the supervision of bitcoin and stable currency, and made a clear definition of bitcoin; Bitcoin is an encrypted asset and an investment option. It is not a currency, but an alternative investment& rdquo; He believes that encryption assets may play a major role in the future as an investment tool or alternative investment. As an investment tool, many countries, including China, are studying its regulatory environment The cross-border payment of digital currency is not an easy task. The cross-border payment of digital currency is not only a technical problem. Each country has its own macro-control needs. It is necessary to ensure the independence of monetary policy and do a good job in anti money laundering and anti-terrorism financing. In addition, the exchange rate system of each country is not the same. We should also respect the monetary sovereignty of central banks, not pursue a particular currency; To rule the world;. It is necessary to build a healthy ecosystem and form a special payment corridor in order to control the possible impact of the pilot project within a controllable range, or slow down its possible impact. As far as the specific implementation methods are concerned, there are three ways in the meeting. One is to make different central bank digital currencies compatible with each other, that is to say, different systems can be connected; One is to establish some interconnection lines to create a more closed-loop system. Different central bank digital currencies can establish seamless connection through different interfaces and interfaces; There is also a most radical approach, that is, to create an integrated system to accommodate different central banks' digital currencies and put them into the same operational framework However, in the future, digital currency and cash will be in parallel and graally replaced for a long time. When the era of digital currency really comes, people will carry less and less cash, travel more and more safe, poverty alleviation more and more accurate, corruption more and more difficult to escape, and thieves more and more difficult
