Safeguarding Central Bank Digital Currency from Financial Crimes While Maintaining Privacy

Central Banks around the world are working on the introduction of Central Bank Digital Currencies (CBDC). In Europe, draft regulation was proposed on the establishment of the Digital Euro in June 2023. While much of the debate has been focused on the pros and cons of CBDC, this eBook will focus on why strong Fraud & Anti Money Laundering detection and investigation capability is critical in gaining public trust and preventing abuse.

This eBook explains:

• The dilemma between Fraud and AML prevention and minimizing the use of personal data
• What we can learn from cryptocurrencies to mitigate the risk of fraud and money laundering
• The Future of Fraud and AML detection while taking into account citizen’s privacy