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Former CFTC chairperson: CBDCs and stablecoins should ensure privacy and censorship necessity

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2024-05-08 14:34:23
Former U.S. Commodity and Futures Trading Commission (CFTC) Chairperson J. Christian Giancarlo emphasized the need for CBDCs and stablecoins to ensure privacy and censorship in his keynote address at the FT Live Cryptocurrency and Digital Assets Summit, which emphasized that by encoding individual economic privacy into their own architecture, CBDCs and stablecoins should become ideal tools for people around the world who aspire to financial autonomy and inclusiveness, consistent with fundamental human rights and civic values.
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