Thanks to Forkast for this great interview!
Please see the full article: here
“These definitely are the world’s dumbest thieves,” Richard Turrin, a Shanghai-based fintech consultant who published “Cashless: China’s Digital Currency Revolution,” told Forkast.
Turrin said there is no practical way for a criminal to effectively launder the digital yuan, as the authorities could track transaction history if they obtain a warrant.
Turrin said the recent policy papers released by U.S. and European authorities have made it clear that there will be no 100% anonymous digital dollar or digital euro. “This is not a position that is unique to the PBoC’s,” Turrin added.