• Cryptocurrencies,  Regulation

    No privacy for digital currencies: Sweden’s central bank

    According to the Sveriges Riksbank, central bank digital currencies cannot possibly have the same level of privacy as cash

    Sveriges Riksbank researchers argue that “all CBDC payments will involve reconciliation with one or more remote ledgers” that track the transactions and ownership to prevent double-spends. This requirement—according to the bank—should squash the hopes for a cash-like anonymous digital currency.

  • This is for my boyfriend, so don't tell my husband! (Library of Congress via Wikimedia Commons).
    Cryptocurrencies,  Regulation

    Rationing Privacy: ECB suggests digital currency ‘anonymity vouchers’

    An EU-issued central bank digital currency could provide an allowance of tokens good for keeping Big Brother from looking at your spending

    Planning to score some cocaine before meeting your girlfriend at a hotel? Neither the cops nor your wife will be any the wiser if you use some of the “anonymity vouchers” Europe’s central bank just proposed building into an e-euro. It’s kind of like trying to sneak across a room unseen by screaming, “nobody look at me!”