Ulrich Bindseil on the launch of the digital euro
ECB’s payments head speaks about the functionality, tiering and technology of the eurozone’s planned CBDC
The European Central Bank (ECB) received more than 8,000 responses to its consultation on launching a digital euro – something president Christine Lagarde has said could happen within five years – with privacy attracting the most attention, alongside security and reach. A central bank digital currency (CBDC), by definition, is traceable. What considerations are being given to privacy protocols?
Many people are used to cash – a means of payment that has always offered the highest level of
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