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IPEN Webinar on central bank digital currency - Concluding remarks by Luis Velasco

The EDPS organised on 1st December 2022 an Internet Privacy Engineering Network (IPEN) Webinar entitled:

IPEN webinar on central bank digital currency

Countries around the world are examining whether they should offer central bank money to the public not only as banknotes and coins but also in digital form. While almost 90% of central banks around the world have already launched a state-owned digital currency with different design choices the European Central Bank has decided to start an exploratory phase by 2024. Data protection and security are among the most compelling aspects that impact the core design choices to be taken.

The workshop aimed at understanding the challenges and identifying the state of the art of the available design options in the field of transaction validation, auditability and monitoring for compliant and privacy-enhancing solutions.

Read more on the IPEN page