“One of the most fundamental questions is over civil liberties. Once central bank digital currency supplants physical cash, then governments could have the power – if not the legal right in many countries – to view and even control and censor who can use their own money”
“The ECB needs to be careful to not create a situation where people do the opposite of what is expected when we reach the so-called reversal rate.
Thanks for your interest in Euromoney!
To unlock this article: