Sigrid Kaag
Ministerie van Buitenlandse Zaken, CC BY-SA 2.0
NewsCentral Bank Digital Currency (CBDC)Digital IdentificationEconomy/FinancePrivacy Rights ViolationsSurveillance

Dutch finance minister proposes increased financial surveillance

(by Ken Macon | Reclaim The Net) – Dutch minister of finance Sigrid Kaag is pushing for the introduction of a central bank digital currency (CBDC) in the Netherlands and the passing of a law requiring banks to monitor all transactions above 100 euro, GB News reported.

The European Central Bank is also pushing for a digital euro. But critics warn that CBDCs can be used to track and monitor citizens, potentially violating some civil liberties.

In July, Kaag wrote a letter to the House of Representatives about the digital euro, saying,“ The introduction of the digital euro is becoming increasingly real. I think it is important that we in the Netherlands, with our innovative and open economy, actively participate in this thinking.” Read Full Article >

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