Central Bank Digital Currency (CBDC) with Privacy

A working paper of the Swiss National Bank (SNB) proposes a privacy-friendly token-based payment system. The retail CBDC is not based on the distributed ledger technology (DLT) and meets regulatory requirements in a convincing manner. With the emergence of cryptocurrencies and various stablecoins, central banks face an important decision. The options are to either leave … Continue reading Central Bank Digital Currency (CBDC) with Privacy