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Our seminal report dives into the world of Central Bank Digital Currencies & unpacks how a vast web of financial surveillance is being woven.
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Our report analysed CBDC projects in Nigeria, Jamaica, Israel, Uruguay, Sweden, the EU and China. Here’s what we found:
None of the CBDC projects investigated in our report have been designed, trialled, or launched in a way which properly preserves privacy.
None of the CBDC pilots we looked at have been successful. Many have had a low uptake.
CBDCs are not a solution to the complex causes of financial exclusion and can make this problem worse.
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