Global Center’s efforts threaten to give more control of personal offer and personal savings, as the via Atlantic gap between the United States and Europe expands in terms of financial technology.
Cbdcs It is the digital versions of the FIAT funds on Blockchain for guilt, usually controlled by the central bank, instead of decentralized Blockchain networks.
“Not all digital currencies are the same,” said Suzy Fiolite Ward, warning that CBDCS represents “the weapon of money in its finest forms,” said Suzy Violet Ward, Financial analyst, co -founder and CEO of Bitcoin Research in the United Kingdom.
This new form of programmed money threatens to increase control of the central bank on spending, including the possible “expiration date” of personal savings, said Ward during the Cointelgraph Daily X Daily X series Display On Thursday, adding:
“They will be able to control everything you do through money.”
She added, “Even George Orwell did not expect to enter the capable funds in this matter. This is almost closed in the 1984 episode,” referring to the novel of the Destopolic, which depicts a world where the repressive central government controls the main aspects of human life, including public opinion and freedom of expression.
Escape from the death of privacy with bitcoin #Chainrection https://t.co/nncxdfaj
– Cointelegraph (@cointelgraph) August 21, 2025
Europe is pushing forward with the digital euro after Trump banned us CBDC
The Atlantic Gap grows between Europe and the United States, as it pushes the former forward with the digital euro plans while the latter doubles on the innovation of Stablecoin and the prohibition of creating CBDCS.
Friday, and He added the home of the United States Cointelegraph said that a item prohibits the Federal Reserve from CBDC to a bill approximately 1,300 pages that defines the country’s defense policy for the fiscal year 2026.
The ruling on the federal reserve defense policy bill will prevent the issuance of any currency or digital assets and prevent the central bank from providing direct products or financial services to individuals.
The House of Representatives passed a similar bill supported by Republicans, CBDC control control The Law of the State, in July with a small majority from 219 to 210, which is now awaiting the vote of the Senate.
On January 23, US President Donald Trump signed Executive order This prohibits the creation, version, trading or use CbdcsQuoting concerns about their ability to threaten the stability of the financial system, individual privacy and national sovereignty.
Related to: Trump’s executive command “game change” to adopt institutional encryption
However, the European Union is pushing forward Digital euro plansAnd according to what was reported by public public groups such as ETHEREUM for the Central Coordination Agreement, instead of one in particular, where the data is limited to the approved entities.
Kristen Lagarde, European Central Bank President Christine Lagarde, said during a press conference, stressing that the Convention on Biodiversity will coexist with criticism and provide privacy protection to address government concerns.
While CBDCS was praised because of its ability to increase financial inclusion, critics raised concerns about their monitoring capabilities.
In July 2023, the Brazilian Central Bank published the source code for the CBDC pilot, and it took only the matter Four days until people notice Monitoring and control mechanisms included in its symbol, allowing the central bank to freeze or reduce the user’s money within CBDC portfolios.
https://www.youtube.com/watch?
magazine: Is cbdcs kryptonite for encryption?
