Digital euro: ensuring the highest data protection and privacy standards

Brussels, 18 October - The European Data Protection Board (EDPB) and the European Data Protection Supervisor (EDPS) issued a Joint Opinion on the proposed Regulation on the digital euro as a central bank digital currency.

Metadata

Provider:

EDPB

URL:

https://edpb.europa.eu/news/news/2023/digital-euro-ensuring-highest-data-protection-and-privacy-standards_en

Retrieved on:

星期二, 十月 24, 2023

Information

Tags:

PSP, Privacy, Central bank, Riau rupiah, CFT, Terrorism, ECB, EDPB, European Data Protection Supervisor, European Data Protection Board, AML, EDPS, Regulation, European Central Bank, Cryptocurrency, Security printing

摘要

Key Points:

Brussels, 18 October - The European Data Protection Board (EDPB) and the European Data Protection Supervisor (EDPS) issued a Joint Opinion on the proposed Regulation on the digital euro as a central bank digital currency.
The EDPB and the EDPS acknowledge that the proposed Regulation addresses many data protection aspects of the digital euro, notably by addressing an offline modality to minimise the processing of personal data.
At the same time, the EDPB and the EDPS make several recommendations to better ensure the highest standards of personal data protection and privacy for the future digital euro.
In our Joint Opinion, we suggest further improvements to ensure that the rights to privacy and to the protection of personal data are effectively preserved.
In the absence of such demonstration, the EDPB and the EDPS recommend considering less intrusive measures from a data protection perspective.