CBDC could be used for state surveillance, includes wealth of personal data & behavioral patterns: IMF

Programmable Central Bank Digital Currencies (CBDCs) could be used for state surveillance while posing risks to privacy and cybersecurity that could undermine trust in central bank money, according to an International Monetary Fund (IMF) policy brief. The latest policy brief that “summarizes the main takeaways from a new wave” of chapters for the IMF’s CBDC … Continue reading CBDC could be used for state surveillance, includes wealth of personal data & behavioral patterns: IMF