Digital euro will have highest level of privacy, says CBC official

The digital euro will have the same level of privacy as cash notes, according to Stella Ioannidou, a financial market infrastructures and payments expert at the Central Bank of Cyprus (CBC).

Ioannidou on Monday addressed the most prevalent myths surrounding the digital euro, after feedback was gathered from citizens across the euro area.

One of the main concerns that has been voiced is that “the state will monitor us and control our buying habits.”  

However, Ioannidou stated that this is simply not the case.