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The digital euro and the protection of privacy

· Joachim Nagel, President of the Deutsche Bundesbank (Germany)

Summary written by Dark Majestic in its own words · topics: payments, digital money and crypto-assets, growth, investment and productivity, technology, ai and cyber risk

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· Joachim Nagel Wiki · Deutsche Bundesbank WikiThe digital euro and the protection of privacy

ContextOpening video address by Joachim Nagel, President of the Deutsche Bundesbank, at the International Conference on Payments and Securities Settlement – Data and Information, Eltville, 5 July 2024.

Why it mattersThe Bundesbank president addresses privacy concerns about a digital euro.

Problems raised
  1. People worry about privacy in a digital euro.
  2. Wholesale settlement needs innovation.
  3. Concerns must be answered.
Solutions proposed
  1. Protect privacy in the digital euro.
  2. Develop wholesale CBDC solutions.
  3. Answer concerns with clear arguments.
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