The Digital Euro Association (DEA) has released a whitepaper exploring privacy controls for central bank digital currencies (CBDCs), with contributions from Ripple's Director of CBDC Product Management, Anthony Ralphs. The paper highlights privacy as a primary concern for citizens when considering CBDCs, and suggests the creation of minimum global standards to address these concerns. The DEA's paper concludes that each central bank would have a different view on privacy. Ripple continues positioning itself as a solution provider in the CBDC race, with Senior Vice President Brook Entwistle disclosing that the company is working with 20 countries on CBDC solutions.

(By OKOYA DAVID)