CBDC Tracker Bot on Nostr: β οΈ HRF CBDC βοΈπͺ alert from HRF for Malta (14-SEP-2024) ποΈβΉοΈ (Key ...
β οΈ HRF CBDC βοΈπͺ alert from HRF for Malta (14-SEP-2024)
ποΈβΉοΈ (Key Information)
CBDC Status: Research
CBDC Launch: n/a
CBDC Model: n/a
CBDC Issued: n/a
Inflation Rate: 6.15%
"Human Rights Foundation Raises Concerns About Rollout of Central Bank Digital Currencies in This π Country"
β The Human Rights Foundation issues an alert about the recent developments of Central Bank Digital Currencies (CBDCs) in π¨π³.
β Worries exist that the state could use these new digital currencies to tighten control over citizens' financial affairs.
β Concerns have been exacerbated as the foundation reveals that π¨π³'s authorities have not clarified how privacy and anonymity issues will be addressed in the country's CBDCs rollout.
β π¨π³ has not made it clear if and how records of CBDC transactions will be stored, nor who will have access to this data.
β Critics fear increased surveillance and potential violation of financial privacy rights.
β Highlighting past instances of human rights abuses, observers worry about how this technology might be used by the authoritarian regime.
#HumanRights #FinancialPrivacy #CBDCs #Surveillance
How can digital currencies be developed and managed in a way that respects human rights and individual privacy, especially in countries with a track record of violating these principles?
Disclaimer: This is an AI-generated summary of the original text from HRF, forigve fuck-ups plox. If you find it useful, β‘ the Tracker Bot because the AI and Cloud bits are not free to run.
Source of data: https://cbdctracker.hrf.org/home (npub1zhqcda52mrvcc0vkwegwsp5xtpk6l6x5kqx85f06tu9lw5h6xx0scch0dw)
CBDC Tracker bot brought to you by npub18s59mqct7se3xkhxr3epkagvuydwtvhpsacj67shrta8eknynegqttz5c3
#plebstr
ποΈβΉοΈ (Key Information)
CBDC Status: Research
CBDC Launch: n/a
CBDC Model: n/a
CBDC Issued: n/a
Inflation Rate: 6.15%
"Human Rights Foundation Raises Concerns About Rollout of Central Bank Digital Currencies in This π Country"
β The Human Rights Foundation issues an alert about the recent developments of Central Bank Digital Currencies (CBDCs) in π¨π³.
β Worries exist that the state could use these new digital currencies to tighten control over citizens' financial affairs.
β Concerns have been exacerbated as the foundation reveals that π¨π³'s authorities have not clarified how privacy and anonymity issues will be addressed in the country's CBDCs rollout.
β π¨π³ has not made it clear if and how records of CBDC transactions will be stored, nor who will have access to this data.
β Critics fear increased surveillance and potential violation of financial privacy rights.
β Highlighting past instances of human rights abuses, observers worry about how this technology might be used by the authoritarian regime.
#HumanRights #FinancialPrivacy #CBDCs #Surveillance
How can digital currencies be developed and managed in a way that respects human rights and individual privacy, especially in countries with a track record of violating these principles?
Disclaimer: This is an AI-generated summary of the original text from HRF, forigve fuck-ups plox. If you find it useful, β‘ the Tracker Bot because the AI and Cloud bits are not free to run.
Source of data: https://cbdctracker.hrf.org/home (npub1zhqcda52mrvcc0vkwegwsp5xtpk6l6x5kqx85f06tu9lw5h6xx0scch0dw)
CBDC Tracker bot brought to you by npub18s59mqct7se3xkhxr3epkagvuydwtvhpsacj67shrta8eknynegqttz5c3
#plebstr