Europe Lied About CBDCs
Earlier this year, the European Commission made a significant stride by proposing a comprehensive legal framework set to usher in a central bank digital currency (CBDC) within the Eurozone’s 20 member states.
The European Central Bank (ECB) had previously outlined plans for the digital euro, which could potentially debut by 2027, offering consumers the ability to transact with “public money” seamlessly both online and offline.
In a most recent update, ECB president Christine Lagarde provided further insights into the bloc’s CBDC efforts, most notably the security and anonymity of the upcoming digital asset.
Uncover the truth about Central Bank Digital Currencies in Europe! Join us as we expose the misleading statements, privacy concerns, and potential risks surrounding the digital Euro.
00:00 Start
00:51 Europe’s Stance on CBDCs
1:43 Privacy Advocates in Europe
3:52 Anonymity vs. Anti-money Laundering Objectives
7:54 Lessons from Other Regions
11:16 Diversification and Protecting Privacy
Credit to : Nomad Capitalist