Brazilian CBDC Allows Government to Freeze Funds, Developer Finds

A blockchain developer has reverse-engineered the code behind the Brazilian Central Bank Digital Currency (CBDC) and discovered an unsettling feature: the government has built in the ability to freeze funds and adjust balances. Pedro Magalhaes, founder of Web3 consulting company Iora Labs,…#cbdc #pedromagalhaes #ioralabs #github #vinibarbosa #brazilian #portaldobitcoin #brazil #centralbank #decrypt
Source: Reuters: Health - Category: Consumer Health News Source Type: news