#BlockchainNews# The European Central Bank (ECB) recently released its first progress report on central bank digital currency (CBDC), which emphasized the importance of privacy protection. The report mentioned that the ECB will ensure that personal transaction information is not tracked through pseudonymization, hashing functions and encryption. In addition, payment service providers are not allowed to use consumers' financial data without personal consent. Interestingly, the report also introduces a method to support offline transactions. The newly established "Rulemaking Group" plans to submit a draft technical and regulatory framework for CBDC by the end of 2024. Privacy issues remain a major concern for CBDC, and opposition continues to grow in the crypto community. What do you think? Welcome to leave a message in the comment area to discuss. 👇