Anti-Financial Crime & Financial Crime Compliance
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Analysis & Opinion, Banking, Crypto, EU/Europe

Consumers likely to have less privacy when using ‘digital euro’; former central bank chief warns of tighter restrictions driven by money laundering concerns

Image. Piie.com

Central Bank Digital Currencies (CBDCs) may be on the way, but they may also mean less privacy for the ordinary user compared to cash, former Central Bank of Ireland governor Patrick Honohan has said.

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