Atlantic Council looks at how to maintain central bank digital currency cybersecurity
Cointelegraph
Published Jun 15, 2022 03:30PM ET
Updated Jun 15, 2022 05:00PM ET
The U.S. thinktank Atlantic Council released a report Wednesday on cybersecurity issues related to central bank digital currencies (CBDC). The authors provide a generalized discussion of CBDC security, but with a clear focus on the United States and issues specific to it.
They determined that the security risks presented by a CBDC depend heavily on its design, with performance, security and privacy being balanced variously in different designs. The report looked at six design options, only three of which are being considered or deployed in real life.
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Written By: Cointelegraph
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