Central Bank Mu Changchun: Even if the operating institution goes bankrupt, the digital renminbi in the user's wallet will not be included in the bankruptcy property

According to China Securities Journal, Mu Changchun, director of the Digital Currency Research Institute of the People's Bank of China, said at the 11th China Payment and Clearing Forum that even if the operating institution goes bankrupt, the digital renminbi in the user's wallet will not be included in the bankruptcy property and will not be subject to the "zero point". rule" effect. The digital renminbi is the currency of the central bank, and the central bank is the ultimate provider of liquidity. Using the central bank currency for currency settlement can better guarantee the finality of settlement.