November 15, 2024

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Privacy Concerns Worry Germany About the Possible Implementation of a Digital Euro

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Privacy Concerns Worry Germany About the Possible Implementation of a Digital Euro
Privacy Concerns Worry Germany About the Possible Implementation of a Digital EuroWhile the European Central Bank is studying the possible issuance of a Europe-wide CBDC, the digital euro, not all Europeans are fully behind this idea. Germany is particularly concerned about the privacy aspects of this implementation, as most transactions and payments are still made using cash, and citizens are reluctant to share their personal information. […]