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Brazilian central banker describes how CBDC system can halt bank runs

In constructing its Real Digital, Brazil's central bank is developing mechanisms that can freeze citizens' conversion to CBDCs in the event of a bank run.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Brazilian central banker describes how CBDC system can halt bank runs

In constructing its Real Digital, Brazil's central bank is developing mechanisms that can freeze citizens' conversion to CBDCs in the event of a bank run.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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Read on Cointelegraph

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