Proposed digital euro designs lack privacy options, ECB presentation shows

Proposed digital euro designs lack privacy options, ECB presentation shows

Transactions via the EU’s prospective CBDC could be transparent to intermediaries, as any non-crypto digital transactions are. Next to the fears of government overreach that the European Union’s ambitious digital euro project stirred, the main concern of the public is the prospective currency’s privacy framework. It appears that this worry might not be overblown after all: as the European Central Bank's (ECB) latest presentation hints, user anonymity is not a desirable design option.On May 3, crypto venture advisor and European digital asset regulation whistleblower Patrick Hansen drew....


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