Germany’s central bank says Eurosystem won’t be able to ‘identify people’ based on CBDC payments

Denis Omelchenko

Deutsche Bundesbank president Joachim Nagel reaffirmed Eurosystem’s inability to identify individuals through CBDC payments, highlighting minimal data visibility. The Eurosystem wouldn’t be able to identify people based on their payments with central bank digital currencies (CBDCs), as it would see…

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Germany’s central bank says Eurosystem won’t be able to ‘identify people’ based on CBDC payments