Recently authorized patents shed light on the surveillance capabilities of China's digital currency

Quick Take

  • The People’s Bank of China recently received authorizations for 15 out of 65 submitted patent applications for DC/EP.
  • The authorized patents shed light on tracking capabilities and touch on “controllable anonymity” features of the system.
  • The authorizations come as China ramps up real-world testing of the digital currency.
The PBOC has recently received authorization for 15 patent applications for its digital currency system and has expanded real-world testing.

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