The post CBDCs face scrutiny as Ray Dalio warns on privacy appeared on BitcoinEthereumNews.com.

CBDCs could erode privacy and enable greater government control central bank digital currencies (CBDCs) concentrate payment data and rules in public-sector infrastructures. Critics argue this could erode financial privacy and enable broader government control over money.Whether those risks materialize depends on design choices, governance, and law. This analysis reviews ray dalio’s warning, signals from the federal reserve and the European Central Bank (ECB), and practical safeguards and gaps. Ray Dalio CBDC warning: privacy erosion and seizure risks American investor Ray Dalio has warned that CBDCs would eliminate financial privacy and empower authorities to tax, freeze, or otherwise control balances, especially for politically sensitive or foreign users, as reported by AOL.“There will be no privacy… all transactions done with digital currencies will be known,” said Ray Dalio, founder of Bridgewater Associates. He also suggested governments could use CBDCs to tighten foreign‑exchange controls and enforce collections more directly. U.S. Federal Reserve officials have emphasized privacy protections and an intermediated, two‑tier model if a dollar CBDC were ever proposed, according to CoinDesk. The Fed has also said it is not close to recommending a CBDC.A “U.S. CBDC won’t spy on Americans,” said Jerome Powell, Chair of the Federal Reserve, adding it would not be designed so the government can “see all your transactions,” as reported by CoinDesk.In Europe, the ECB has called a digital euro a strategic priority and encouraged lawmakers to advance the legal framework, as reported by Central Banking. A separate viral clip referencing “control” came from a prank video, underscoring how messaging and design details remain under debate.At the time of this writing, based on data from Nasdaq, Coinbase Global (COIN) traded around $166 in overnight activity, reflecting continued market attention to digital-asset infrastructure without implying any investment view. Privacy safeguards and risks: two-tier models, offline mode, ZK proofs How…

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Filed under: News - @ February 10, 2026 8:27 am