Central bank officials say the Eurosystem will be structurally unable to link users to purchases, but civil society groups remain skeptical.
- European Central Bank official Piero Cipollone said the digital euro would provide greater privacy than bank transfers because the Eurosystem could not link individuals to their transactions.
- Offline payments would be visible only to the payer and recipient, while banks could identify users in online transactions solely for anti-money-laundering purposes, Cipollone said.
- The digital euro is scheduled to be introduced in 2029 alongside physical cash, though civil society groups say its privacy protections rely too heavily on institutional promises rather than technical safeguards.
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The Definitive Stablecoin Landscape Series: Asia Pacific
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
Why it matters :
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
Bank group sues U.S. regulator over granting crypto trust charters
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