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Brazilian Economist Praises CBDC As It Gives Central Bank More Control Over People's Money

Brazil’s Central Banker Praises the Merits of the Country’s CBDC - The Central Bank Digital Currency Insider

A recently published paper by the Bank for International Settlements (BIS) quoted Fabio Araujo, an economist at the Central Bank of Brazil, who said that if the country’s central bank is created, it c...

Alongside financial education, digital fiat money "can boost efficiency and serve the country".

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