Recent paper Publiziert 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 the so-called Real Digital. central bank will be able to halt bank runs and impose other restrictions on citizens’ access to money.

Real Digital, the digital version of Brazil’s national currencyAt the central bank, it has been debated Since 2015It will be tested in its initial tests on 2023. Nine solutions from private companiesDuring the CBB’s recent Lift Challenge.