ECB says digital euro will deliver 'maximum level of privacy'

European Central Bank officials say the digital euro is designed to offer a high level of privacy, arguing the Eurosystem will be structurally unable to link users to their purchases. The claim is meant to address surveillance concerns raised over the central bank digital currency.

Civil society groups remain skeptical that a CBDC can deliver true anonymity while meeting anti-money-laundering and tax requirements, keeping the privacy debate alive as the project progresses.