Brazilian central banker describes how CBDC system can halt bank runs
June 3, 2022
Crypto Nanobot
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In a paper recently published by the Bank for International Settlements (BIS), Fabio Araujo, an economist at the Central Bank of Brazil (CBB) who is also responsible for the country’s central bank digital currency work, revealed that the monetary authority will have greater control over the population’s money once its CBDC is rolled out. Through […]
