The European Central Bank has pushed back against concerns that the digital euro could be used to monitor citizens' financial activity. Central bank officials argue that the Eurosystem will be structurally unable to link users to purchases, ensuring a 'maximum level of privacy'.
Source
"ECB Downplays Surveillance Fears with Digital Euro Promises" — CoinDesk
This article is Bitcoincryptos' summary and analysis of reporting originally published by CoinDesk. Read the full original report at the link above.
However, civil society groups have expressed skepticism about these claims, citing the ECB's existing data collection practices as evidence of its ability to track financial activity.
