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Digital Euro Privacy Debunked | Bitcoin and Crypto News
Description
The ECB’s digital euro promises greater privacy than cashless payments, with officials insisting offline transactions mirror cash and online ones shield user identities—except for anti-money laundering checks. Critics warn privacy hinges on trust, not tech, and question if the ECB truly plans to phase out physical cash, given its ongoing banknote redesign efforts. Launching in 2029, the digital euro will coexist with physical currency, as confirmed by ECB leadership.
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