A myriad of other operational challenges would need to be addressed, including electronic counterfeiting and cyber risks. It is worth noting that the technologies used currently for private-sector digital currencies do not provide the same level of information technology reliability, integrity, and scalability as  - 12 central bank systems in use today.
It should be noted that the SSM Regulation not only requires the ECB to carry out the comprehensive assessment, but it also enables the ECB to obtain all the relevant information from the national authorities necessary for making the assessment. The Comprehensive Assessment has three main goals.