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What privacy concern is associated with CBDC implementation?
  • a)
    Collection of personal data for verification
  • b)
    Lack of transparency in financial transactions
  • c)
    Decreased government control over currency
  • d)
    Limited access to digital payments
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
What privacy concern is associated with CBDC implementation?a)Collecti...
One privacy concern associated with CBDC implementation is the collection of basic individual information for verification purposes. This raises concerns about how personal data is handled and used in the context of CBDC transactions.
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What privacy concern is associated with CBDC implementation?a)Collection of personal data for verificationb)Lack of transparency in financial transactionsc)Decreased government control over currencyd)Limited access to digital paymentsCorrect answer is option 'A'. Can you explain this answer?
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