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Cryptopolitan 2023-07-17 13:14:47

Brazil’s CBDC will allow the government to freeze funds and adjust balance

A blockchain developer has uncovered a concerning feature within the code of the Brazilian Central Bank Digital Currency (CBDC), revealing that the government has embedded the capability to freeze funds and modify balances. Pedro Magalhaes, the founder of Web3 consulting firm Iora Labs, conducted a review of the Application Programming Interface (API) published by the ... Read more

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