ECB releases first CBDC progress report
Odaily2024/06/24 21:25
By:Odaily
Odaily News The European Central Bank (ECB) released its first Central Bank Digital Currency (CBDC) Progress Report on June 24, with a focus on privacy protection. The ECB promises to prevent individual transactions from being tracked through pseudonymization, hashing and encryption, and payment service providers are not allowed to use consumer financial data without individual consent. The report also introduces methods to support offline transactions. The newly established Rulemaking Group will submit a draft CBDC technical and regulatory framework by the end of 2024. Privacy issues remain a major concern for CBDC, and opposition continues to grow in the crypto community.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Stake to earn
CEC, QTLX, GDV and other popular new coins are in hot progress!
Stake now!
You may also like
Do Kwon’s extradition case goes back to Montenegrin justice minister
Cointelegraph•2024/09/20 21:34
SEC seeks sanctions against Elon Musk over Twitter purchase
Cointelegraph•2024/09/20 21:33
SEC greenlights listing and trading options for BlackRock's spot bitcoin ETF
The SEC approved spot bitcoin ETFs earlier this year, but had not yet approved listing and trading for options on those products.
The Block•2024/09/20 21:27
Securitize adds Wormhole for multi-chain RWA tokens
Cointelegraph•2024/09/20 21:00
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$63,127.73
+0.23%
Ethereum
ETH
$2,543.69
+3.16%
Tether USDt
USDT
$1
+0.02%
BNB
BNB
$568.32
+0.56%
Solana
SOL
$147.4
+3.16%
USDC
USDC
$1
+0.02%
XRP
XRP
$0.5870
-0.30%
Dogecoin
DOGE
$0.1056
-0.07%
TRON
TRX
$0.1520
+0.68%
Cardano
ADA
$0.3530
+0.31%
Bitget pre-market
Buy or sell coins before they are listed, including HMSTR, CATI, OGC, EIGEN, and more.
Trade now
Not a Bitgetter yet?Sign up now to embark on a journey into the crypto world!
Sign up now