Former CFTC Chairman: CBDCs and stablecoins should ensure privacy and censorship resistance

Golden Finance reported that J. Christian Giancarlo, former chairman of the U.S. Commodity and Futures Trading Commission (CFTC), emphasized the need for CBDC and stablecoins to ensure privacy and censorship resistance in his keynote speech at the FT Live Cryptocurrency and Digital Asset Summit. He emphasized that by encoding personal economic privacy into their own architecture, CBDC and stablecoins should become ideal tools for people around the world who desire financial autonomy and inclusion, in line with basic human rights and civic values.