PoliticsHome – Privacy campaigners warn a UK CBDC could spell the end of privacy
Privacy and civil liberties organisation, Big Brother Watch has released a new report on CBDCs titled CBDC – a privacy-eroding pound? Lessons from international central bank digital currency pilots for the UK.
The report analyses CBDC projects in Nigeria, Jamaica, Israel, Uruguay, Sweden, the EU and China. It concludes that none of these projects strongly indicate that a CBDC that properly preserves privacy and, instead of solving the issue of financial exclusion, it exacerbates it.
Susannah Copson, legal and policy officer at Big Brother Watch said:
“Just as has been the case for international CBDC projects, the UK Government is yet to show why we need UK CBDC – particularly given the series of risks to fundamental rights and freedoms”
“It is vital that the Government now take notice of the many problems international CBDC pilots have encountered and rethink their current plans for a centralised digital pound.”
The report will be launched today at Parliament with Conservative MP Danny Kruger and Labour MP and former shadow chancellor John McDonnell in attendance.
PoliticsHome – Civil Liberties Campaigners Warn Digital Pound Could Be “Detrimental” To Privacy
The post PoliticsHome – Privacy campaigners warn a UK CBDC could spell the end of privacy appeared first on Big Brother Watch.
Source: https://bigbrotherwatch.org.uk/press-coverage/politicshome-privacy-campaigners-warn-a-uk-cbdc-could-spell-the-end-of-privacy/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).