Chinanews client, July 16th (Li Jinlei) On July 16, the central bank released the "White Paper on China's Digital RMB R&D Progress."
The white paper pointed out that the digital renminbi does not count and pay interest.
The digital renminbi is positioned at M0, which is consistent with the physical renminbi that also belongs to the M0 category, and no interest is calculated on it.
Consistent with the management of physical renminbi, the People's Bank of China does not charge designated operating agencies for exchange and circulation service fees, and designated operating agencies do not charge individual customers for digital renminbi redemption and redemption service fees.
The digital renminbi follows the principle of "small amount anonymous, large amount traceable according to law", and attaches great importance to the protection of personal information and privacy.