Reading Time: 2 minutes Brazil’s CBDC includes code which allows the bank to freeze and adjust balances The code was added to GitHub was reverse-engineered by blockchain developer Pedro Magalhães Magalhães argued that there could be a legitimate use for the features A blockchain developer who claims to have conducted a reverse-engineering analysis of the source code for Brazil’s experimental central bank digital currency (CBDC) has uncovered specific functions within the code that would grant a central authority the ability to freeze funds or adjust balances…
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