Central bank digital currencies create fundamental tensions between regulatory surveillance requirements and individual privacy rights. This paper proposes an architectural framework leveraging zero-knowledge proofs and privacy-preserving computation to enable AML/CFT compliance without exposing transaction-level data.
@misc{farzulla2025cbdcprivacy,
author = {Farzulla, Murad},
title = {Privacy-Preserving Financial Surveillance: An Architectural Framework for CBDC Implementation},
year = {2025},
howpublished = {Farzulla Research Working Paper DAI-2511},
doi = {10.5281/zenodo.17917938},
url = {https://farzulla.org/papers/cbdc-privacy}
}