The European Central Bank (ECB) is designing the digital euro to be one of the most private electronic payment options available, with plans for a rollout by 2025. Despite strong privacy assurances, concerns persist about whether the ECB can truly prevent government surveillance. While the digital euro aims to minimize data collection through techniques like pseudonymization, skeptics worry that future changes in laws or technology could compromise privacy. As the ECB strives to balance transparency with security, the digital euro's launch promises to be a pivotal moment in the evolution of digital payments.

One of the most private electronic payment methods will be the digital euro, according to a European Union data protection officer.

The European Central Bank (ECB) published a study on October 2, 2020, outlining the foundation for the digital euro, the central bank digital currency (CBDC).

Since October 2021, the digital euro has been the subject of inquiry, with bank...