ECB President: Users Want Privacy Protection But Don’t Want Anonymous CBDC
The content site is one of the sites that provide the service of answering general questions and solving puzzles and crossword puzzles
Where the content site is primarily interested in answering your questions in all areas, including solving puzzles and crossword puzzles
Answer ECB President: Users Want Privacy Protection But Don’t Want Anonymous CBDC
Bitcoin has made central banks take the idea of digital currencies into consideration and seriously think about issuing their own digital currencies as well, which are under their control and can control and manage them.
Hours ago, Christine Lagarde, President of the European Central Bank, stated that EU citizens want to protect privacy when using the digital euro.
Lagarde stated that she is expressing the opinion of at least 80 central banks around the world, who believe it is their duty to offer digital currencies to consumers that would work for consumers.
Lagarde described DCBC as currencies that could be used like banknotes, but would not provide the degree of anonymity that banknotes enjoy.
Read:After Coinbase…Regulatory Audit Reaches One of the Most Popular Cryptocurrency Lenders in the US
However, consumers do not want this digital currency to be anonymous.
She told Lagarde that what she said was the result of multiple opinion polls conducted by the European Central Bank earlier this year and last year on the CBDC.
We worked on it # digitaleuro continuous. I told Reuters The feature that citizens say they will appreciate most is privacy, but they don’t want such a digital currency to be anonymous. Read more about what we heard in our public consultation pic.twitter.com/7mTod04Ep6
– Christine Lagarde (@Lagarde) April 16, 2021
Lagarde added:
Consumers understand the risks of anonymity, and therefore choose only to protect privacy.
This is what the new European Central Bank report on the digital euro is all about.
As we mentioned on the Bitcoin Arab website earlier, the European Union Central Bank intends to study all the risks of using a central bank digital currency, its potential design and use.
Read:Coinbase Losing Its Dominance… Find Out Why!
In the sense that the digital euro CBDC is still under study and consideration, according to what “Lagarde” recently stated.
Read also:
Bitcoin price drops after news spread of Turkey ban on cryptocurrency payments
Binance burns more than half a billion dollars worth of BNB digital currency…details here
And you can ask questions on the content site through the word “Ask a question” at the top of the site, where we answer your questions in a short time