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

J. Christian Giancarlo, former chairman of the US Commodity Futures Trading Commission (CFTC), emphasized the necessity of CBDC and stablecoins to ensure privacy and regulatory oversight in his keynote speech at the FT Live Cryptocurrency and Digital Asset Summit. He emphasized that by encoding personal financial privacy into their own architecture, CBDC and stablecoins should become the ideal tools for people around the world who crave financial autonomy and inclusivity, in line with fundamental human rights and civic values.