CBDCs ought to shield privateness, not be a surveillance software: Former CFTC chair

The USA ought to lead the event of central financial institution digital currencies (CBDCs) away from being “surveillance cash” and towards being “freedom cash,” says the previous chair of the Commodity Futures Buying and selling Fee.

In a March 13 op-ed in The Hill, Christopher Giancarlo mentioned that the U.S. “should affect” CBDC improvement towards defending “democratic values like freedom of speech and the suitable to privateness,” leveraging present expertise utilized by some cryptocurrency protocols.

Proceed Studying on Coin Telegraph