The European Central Bank leans toward a “transparent” digital euro over one that ensures a higher level of privacy for its users, a presentation devoted to the project has indicated. In the document, the monetary authority explores different privacy options for the eurozone’s digital fiat.A presentation by the European Central Bank has thrown some light on the regulator’s “preliminary views” on the privacy-related features of the digital euro.
A report by the ECB highlighted privacy as a key concern for future users of the digital euro, but the bank now says that privacy needs to be assessed in the context of other EU policies. Among them, anti-money laundering and counter-financing of terrorism efforts. Elaborating on the matter, the regulator states:
User anonymity is not a desirable feature, as this would make it impossible to control the amount in circulation and to prevent money laundering.The European central bank further insists that the Eurosystem, which consists of the ECB and the central banks of the eurozone members, should have access to the digital euro transaction data in order to validate payments. Also, anonymized, aggregate data should be available for statistical and oversight purposes as well as to fight fraud and crime.
The second approach would allow a higher degree of privacy for low-value payments and the last one envisages privacy for offline transfers, in which case low-value balances and amounts would not be known to financial intermediaries or authorities. The ECB admits that the latter two “desirable options” could be investigated together with European legislators.
Do people really need digital Euro when we all have a lot of crypto like USDT, BTC, DOGE etc you just choose?
it works POLYGONBONUS
🔥Join and Invite friends ➡️ POLYGONBONUS
Thanks so much for this gift POLYGONBONUS
Its real POLYGONBONUS
🚀Airdrop campaign 👉 POLYGONBONUS
Don't miss! POLYGONBONUS
it works POLYGONBONUS
POLYGON perfectly 🌠💯 Free Airdrop MATIC POLYGONBONUS
🚀Airdrop campaign 👉 POLYGONBONUS
Don't miss! POLYGONBONUS
Live airdrop now! POLYGONBONUS
Its real POLYGONBONUS
🔥Join and Invite friends ➡️ POLYGONBONUS
Thanks so muuuuuccccch for this gift POLYGONBONUS
Double your $matic 👉🌏 POLYGONBONUS
It workkkkkksss POLYGONBONUS
The craziest airdrop is live now! POLYGONBONUS
🔥Join and Invite friends ➡️ POLYGONBONUS
🔥Join and Invite friends ➡️ POLYGONBONUS
Don't miss! POLYGONBONUS
it works POLYGONBONUS
Its real POLYGONBONUS
Don't miss POLYGONBONUS
4E93C4B107FEA2 Not a single non bot comment...... Cbdc spells 'police state' fyi ppl
Its real POLYGONBONUS
Limited time offer! POLYGONBONUS
Airdrop campaign 🔥Join and Invite friends ➡️ POLYGONBONUS
Thanks so muuuuuccccch for this gift POLYGONBONUS
Crypto is an interesting field, I have been into it for a short while and have learnt a lot about trading and investing myself. All thanks to bernie_Doranfx for guiding and teaching me all a newbie had to know about bitcoin
Double your $matic 👉🌏 POLYGONBONUS
POLYGON perfectly 🌠💯 Free Airdrop MATIC POLYGONBONUS
No shit? Wow, what a revelation. I would have thought FOR SURE that governments would want their surveillance cash to come with privacy features.
Airdrop available now at biggest event! POLYGONBONUS
It workkkkkksss POLYGONBONUS
Live airdrop now! POLYGONBONUS
Check out my OnlyFans, link in bio🥵
Thanks so muchhhhhhh for this gift POLYGONBONUS
🚀Airdrop campaign 👉 POLYGONBONUS
Double up your coins 👉🌏 POLYGONBONUS
Thanks so much fooooorrrr this gift POLYGONBONUS
Don't miss! POLYGONBONUS
Make use of this amazing opportunity of trading , we offer 80% to 700% profits in return 🔥🔥, Join favouritedaily signal today and start earning money 💸💸
😂😂😂is that a surprise? Destruction of privacy is the reason why they wan the digitaleuro
Of course, they can't control us with anonymity in place. They want to know where we are spending our money so they can prevent us to do it!
1984
🤢
With over 9,000,000 $PKR staked since the 25th of December and over 200,000 PKR added to the staking pool for both BEP-20 and ERC-20, PKR is primed for 10x The polker_PKR ecosystem has also grown with increased adoption and use cases. PKR is headed to the moon polkertothemoon
What is your opinion about the current Bitcoin state, since its Fear and Greed Index is 40 - MILD FEAR, with price of 39494.298677718204 usd? Our analytical team has done extended research regarding BTC, but we want to hear your opinion also.
We don't buy bitcoin We earn btc From Mining I'm ready to show 10 lucky people how to earn 1BTC ($38,951) and more daily! No referral No withdrawal fees If interested, kindly send a Dm
Time for a news article about $DEXA changing the social media industry 🇦🇪
But now i'm puzzled, why it is even allowed?
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: BTCTN - 🏆 531. / 51 Read more »