A report from the Bank for International Settlements (BIS) found that privacy should be considered a key component of CBDC design. The BIS report surveyed 3,500 people to understand how the use of CBDC as a payment method would vary based on privacy levels, and found that privacy increased participants' willingness to use CBDC by 60% when purchasing privacy-sensitive products.

The report states: "Our research findings indicate that as long as the design of CBDC can provide sufficient anonymity and protect privacy, while complying with AML anti-money laundering and/or CFT counter-terrorism financing regulations, it is more likely to replace existing payment tools provided by the private sector, including commercial bank demand deposits."