DREX: Can the Government Restrict How Citizens Spend Their Digital Real?

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An analysis published on DEV Community examines whether Brazil's planned digital currency, DREX, could let authorities limit how people spend their money. The author explains that the Central Bank's chosen platform, Hyperledger Besu, supports programmable rules such as expiry dates and conditional transfers. He distinguishes between programmable contracts for specific operations and programmable money imposed on the currency itself, the latter being the main concern. According to the article, the Central Bank says programmability will be limited to bank tokenized deposits and voluntary retail contracts, with privacy protected by cryptographic tools. The author argues that the safeguards against misuse are legal and political rather than technical, so explicit legal protections are needed.

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Anthropic Files Registration Statement With SEC Ahead of Possible Public Offering

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ProgrammingDEV Community ·

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ProgrammingDEV Community ·

Gating agent-written patches on fixture sensitivity instead of green test suites

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