Privacy is ranked the second after security in a recent survey from ECB, so it is a known demand and design criteria for both sides.

CBDC will co-exist with cash for years to come. Fully monitored CBDC will be at a high disadvantage by citizens specially in modern world, while fully private one would not be allowed by CBs due to need for transparency.

Here also comes the product builders. We could design a CBDC that is fully transparent, which is the easiest to build, these days mostly DLT based. The challenge is how to enable some TXNs to be private by design and not only policies.

A major country is taking the extreme case of full transparency, while ECB and others like Canada are strongly focusing on privacy as a feature.