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Ledger’s CEO Fears that a New European Law Would Encroach Privacy
Pascal Gauthier, CEO of Ledger, which offers a USB-like digital wallet for people to hold cryptocurrencies outside of exchanges, has issued a warning against the European Parliament’s (EP) plan to track and trace people’s cryptocurrencies. Will the new digital euro protect user privacy?
The development of a new digital euro is accompanied by an active discussion of its privacy. There is a possibility that the ECB will choose a centralized solution for the renewed currency. Hence, there is an increasing awareness of the feasibility of such a choice and possible control of users’ costs.