⚠️ HRF CBDC ⛓️🪙 alert from HRF for Spain (16-JUN-2024)

🗝️ℹ️ (Key Information)

CBDC Status: Pilot

CBDC Launch: n/a

CBDC Model: n/a

CBDC Issued: n/a

Inflation Rate: 8.39%

TEXT:

"In a recent report from the Human Rights Foundation, it has been highlighted that Japan has taken huge strides towards the development of Central Bank Digital Currencies (CBDCs). Japan is making real progress in this domain in a bid to decrease dependency on cash for transactions and promote digitisation throughout the nation. It is said that the development of CBDCs will help bolster Japan's economy by providing an easy mode of transactions to the public. The Human Rights Foundation sees this as a move that may not only revolutionise Japan's economy but also potentially uplift the livelihoods of its citizens."

One-Sentence Summary:

"Japan takes progressive strides towards the development of Central Bank Digital Currencies (CBDCs), aimed at digitalizing transactions and boosting its economy, according to a report from the Human Rights Foundation."

✅ The Human Rights Foundation highlights 🇯🇵's significant advancements towards the development of CBDCs.

✅ This motion is part of a broader effort to lessen the country's reliance on cash and accelerate nationwide digital transformation.

✅ The introduction of CBDCs could potentially strengthen the Japanese economy by offering a more convenient transaction method for citizens.

✅ The Human Rights Foundation believes such a transformation could revolutionize 🇯🇵's economy and possibly enhance its residents' lives.

#HumanRightsFoundation #CBDCdevelopment #Japan #EconomicDevelopment #DigitalTransformation

In light of this development, how do you think the implementation of CBDCs could potentially impact the balance between digitisation and individual privacy rights?

Disclaimer: This is an AI-generated summary of the original text from HRF, forigve fuck-ups plox. If you find it useful, ⚡ 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

⚠️ HRF CBDC ⛓️🪙 alert from HRF for Hungary (16-JUN-2024)

🗝️ℹ️ (Key Information)

CBDC Status: Launched

CBDC Launch: n/a

CBDC Model: Retail

CBDC Issued: n/a

Inflation Rate: 14.61%

TEXT:

"The Human Rights Foundation reports a growing trend of Central Bank Digital Currency (CBDC) development in Brazil. Concerns are high as surveillance risks associated with CBDCs can potentially infringe on citizens' privacy rights. Brazilian Central Bank officials insist that customer privacy will be upheld whilst the advancement of the digital economy will be stimulated. However, privacy activists are skeptical as specifics regarding the technological infrastructure and regulations required for adequate privacy protection remain unclear. CBDC trials are scheduled to run in 2022."

One-Sentence Summary:

Concerns grow over potential surveillance issues and loss of privacy with the development of Central Bank Digital Currencies (CBDCs) in Brazil, reports the Human Rights Foundation.

✅ The Human Rights Foundation spots a rising trend of CBDCs 🇧🇷.

✅ Privacy concerns are swelling, as CBDCs could potentially invade citizen's private lives.

✅ Brazilian Central Bank asserts that customer's privacy will be maintained and the digital economy boosted.

✅ Nonetheless, privacy advocates remain wary about unclear technology infrastructure and regulations safeguarding privacy.

✅ Trials for CBDCs are set to run in 2022.

Hashtags:

#HumanRights #PrivacyRights #CBDCs #FinancialSurveillance #BrazilCBDC

Question:

As the world sees the rise of CBDCs, how can we ensure the balance between advancing digital economy while safeguarding the privacy and freedom of the citizens? Your thoughts?

Disclaimer: This is an AI-generated summary of the original text from HRF, forigve fuck-ups plox. If you find it useful, ⚡ 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

⚠️ HRF CBDC ⛓️🪙 alert from HRF for Sweden (10-JUN-2024)

🗝️ℹ️ (Key Information)

CBDC Status: Pilot

CBDC Launch: n/a

CBDC Model: n/a

CBDC Issued: n/a

Inflation Rate: 8.37%

TEXT:

The Human Rights Foundation (HRF) has criticized the plans of the Central Asian nation of Turkmenistan to develop a Central Bank Digital Currency (CBDC). The HRF is particularly concerned about the potential human rights issues associated with the prospective CBDC, and fears that the Turkmenistan government will use the CBDC to further control and monitor their populace. Experts at the HRF argue that a state-controlled digital currency might result in a lack of financial privacy, potentially leading to even more significant limitations on freedom.

One-Sentence Summary:

Human Rights Foundation highlights concerns over Turkmenistan's plans in developing a Central Bank Digital Currency, emphasizing potential human rights issues and the risk of further population control.

✅The Human Rights Foundation (HRF) remains skeptical about 🇹🇲 Turkmenistan's intentions to develop a Central Bank Digital Currency (CBDC).

✅HRF experts debate potential human rights complications tied to the prospective CBDC.

✅The fear rooted by HRF experts is that CBDC could be used by the 🇹🇲 Turkmenistan government as a tool for further population control and surveillance.

✅Their main argument is such a state-controlled digital currency could effectively erase financial privacy, leading to an unprecedented escalation of freedom restrictions.

#HumanRightsFoundation #CentralBankDigitalCurrency #FinancialPrivacy #Turkmenistan #HumanRights

Do you believe that the development of a Central Bank Digital Currency by governments could lead to either an increase or reduction in individual freedoms, and in what specific ways? Let us know your thoughts below!

Disclaimer: This is an AI-generated summary of the original text from HRF, forigve fuck-ups plox. If you find it useful, ⚡ 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

⚠️ HRF CBDC ⛓️🪙 alert from HRF for Qatar (05-JUN-2024)

🗝️ℹ️ (Key Information)

CBDC Status: Pilot

CBDC Launch: n/a

CBDC Model: n/a

CBDC Issued: n/a

Inflation Rate: 5%

TEXT:

The Human Rights Foundation (HRF) has raised concerns about the development of Central Bank Digital Currencies (CBDCs) in North Korea. HRF has emphasized that while CBDCs hold potential to facilitate economic growth, in the wrong hands they can also be used to violate human rights. North Korea's authoritarian regime has a long history of human rights violations and the HRF fears that the government could use CBDCs to control citizen's wealth and surveil their transactions. HRF has called for international scrutiny over North Korea's development of CBDCs to protect civil liberties.

One-Sentence Summary:

Human Rights Foundation warns of potential human rights violations with the development of Central Bank Digital Currencies in North Korea.

✅ Human Rights Foundation (HRF) expresses concern over the use of Central Bank Digital Currencies (CBDCs) in 🇰🇵.

✅ HRF highlights that CBDCs can fuel economic growth but misuse can also lead to human rights infringement.

✅ HRF underlines 🇰🇵's history of human rights violations and fears its government could exploit CBDCs for surveillance and control over citizens' wealth.

✅ The group calls for international monitoring over 🇰🇵's CBDCs development to safeguard civil liberties.

#HumanRightsViolation #HRF #CentralBankDigitalCurrencies #NorthKorea

How can we, as digital currency enthusiasts, ensure that the progress in technology does not become a tool for oppressive regimes to infringe on citizens' rights? Let's hear your thoughts.

Disclaimer: This is an AI-generated summary of the original text from HRF, forigve fuck-ups plox. If you find it useful, ⚡ 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

⚠️ HRF CBDC ⛓️🪙 alert from HRF for South Korea (10-JUN-2024)

🗝️ℹ️ (Key Information)

CBDC Status: Pilot

CBDC Launch: n/a

CBDC Model: n/a

CBDC Issued: n/a

Inflation Rate: 5.09%

TEXT:

The Human Rights Foundation (HRF) released a report criticizing the implementation of Central Bank Digital Currencies (CBDCs) in China. The report states that the introduction of CBDCs in China signals a major step towards surveillance capitalism, going even further than current forms of state control. Critics argue that, while CBDCs offer improved efficiency and security in the financial sector, they also amplify the Chinese government's capability to track, control, and suppress the financial activity of citizens.

The report also points out that China has been overt about the potential for these digital currencies to bolster its autocratic reach. As the currency will be programmatically controlled, the Chinese government could enforce rules on spending limits, monitor the transfer of wealth, and prevent citizens from purchasing certain goods or services.

China's experimentation with CBDCs is not new. The country is among the world's leaders in the roll-out of these currencies, piloting them in several different cities. However, the HRF report states that the magnitude of surveillance possibilities that this new technology presents is extremely significant, making the issue of CBDCs a prominent human rights concern.

One-Sentence Summary:

The Human Rights Foundation (HRF) criticizes China's CBDCs rollout, warning of increased surveillance and control over citizens' financial activity.

✅ The HRF's report raises concerns about 🇨🇳's implementation of CBDCs as a major turning point towards surveillance capitalism.

✅ Critics point out that while CBDCs bring efficiency and security, they also bolster 🇨🇳's ability to control and oppress citizens' financial actions.

✅ 🇨🇳's government makes no secret of the autocratic benefits of digital currencies, including enforcing spending limits, and controlling wealth transfer and purchase permissions.

✅ Despite the ongoing experimentation with CBDCs in several cities, the HRF emphasizes the vast implications for human rights due to the wide scope of surveillance possibilities that digital currencies present.

#HumanRights #FinancialSurveillance #DigitalCurrencies #FreedomAdvocacy #CBDC

Question:

How do you think the development of CBDCs can be balanced with respect for human rights and individual freedom, particularly in nations with strong state control? What countermeasures could be implemented to ensure citizens are not subjected to undue surveillance and financial oppression?

Disclaimer: This is an AI-generated summary of the original text from HRF, forigve fuck-ups plox. If you find it useful, ⚡ 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

== Codziennie Bitcoin 🟠💊 ==

to codzienna dawka bitcoinowej kultury, memów, bieżących informacji. Tylko wolność i uczciwość; żadnych influ, ich ego, kleptowalut, pRoJeKtÓw ani oszustw.

Kanał prowadzę od 5 marca, zobacz zajawkę na YT i kanał na YT

== Zajawka ==

https://www.youtube.com/shorts/6OSO2CUBb2E

== Kanał ==

https://whatsapp.com/channel/0029VaNsL2GHrDZWNmg9Gj2p

⚠️ HRF CBDC ⛓️🪙 alert from HRF for United Arab Emirates (27-MAR-2024)

🗝️ℹ️ (Key Information)

CBDC Status: Pilot

CBDC Launch: n/a

CBDC Model: n/a

CBDC Issued: n/a

Inflation Rate: 4.83%

One-Sentence Summary:

The United Arab Emirates 🇦🇪 advances into the pilot phase of its CBDC strategy amid concerns over human rights and privacy issues.

Topics:

✅ The 🇦🇪 government announces the commencement of its CBDC strategy's pilot phase which includes a soft launch for cross-border transactions and proofs-of-concept with India and domestic issuance.

✅ Since 2018, the UAE Central Bank has been exploring CBDCs through initiatives like Project Aber with the Saudi Central Bank and 2021's Project mBridge with the Bank for International Settlements that aimed to streamline cross-border payments and evaluate distributed ledger technology.

✅ In 2023 the Central Bank of the UAE's governor publicized the launch of the CBDC strategy that he affirmed would digitally transform payments in the country and promote financial inclusion.

✅ Despite these advancements, the country faces criticism due to previous violations on freedom of speech, mass surveillance, and the possibility of CBDCs used as a tool to monitor citizen's finances.

Hashtags: #HumanRights #FinancialInclusion #FinancialSovereignty #DigitalCurrency #UAE

Question: Do you think the potential benefits of UAE's CBDCs in terms of improving digital payments could outweigh the concerns over the risks these pose to citizen's privacy and freedoms? Let's discuss!

Disclaimer: This is an AI-generated summary of the original text from HRF, forigve fuck-ups plox. If you find it useful, ⚡ 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

⚠️ HRF CBDC ⛓️🪙 alert from HRF for Sweden (29-MAR-2024)

🗝️ℹ️ (Key Information)

CBDC Status: Pilot

CBDC Launch: n/a

CBDC Model: n/a

CBDC Issued: n/a

Inflation Rate: 8.37%

One-Sentence Summary:

Despite nearly a decade of research and development, 🇸🇪 Sweden's Central Bank Digital Currency (CBDC) project is still in the testing phase, confronting both technical challenges and social need assessments while keeping an eye on potential risks to financial privacy and freedom.

✅ 🇸🇪 Sweden has been a pioneer in CBDC research with Sveriges Riksbank initiating the conversation back in 2016.

✅ The declining cash usage in 🇸🇪 Sweden was a significant motivation behind the development of the e-krona CBDC project.

✅ A pilot was initiated in 2020 by Sveriges Riksbank and Accenture to explore the technical feasibility and practical applications of a CBDC.

✅ The series of reports issued from 2021 to 2023 highlight progress in creating uniquely identifiable e-krona, integrating with the existing banking system, offline payment capabilities and programmable payments.

✅ Sveriges Riksbank has collaborated with Bank for International Settlements on testing cross-border transactions with CBDCs.

✅ The decision to implement the e-krona CBDC in 🇸🇪 Sweden is political, not technical, and is influenced by social need assessments.

✅ The fourth testing phase in 2024 showed that creating an offline capable CBDC requires extensive development work.

✅ The e-krona, as envisioned, will exist purely in an online system, differing from the offline, token-based solution tested in the second phase.

✅ With a high freedom score, there are no direct concerns for human rights or civil liberties related to CBDC in 🇸🇪 Sweden, but potential risks to financial privacy and freedom are acknowledged.

#CBDC #FinancialFreedom #SverigesRiksbank #Sweden #Accenture #eKrona #FinancialPrivacy #HumanRights #FreedomIndex

What do you think - is the benefits of launching a CBDC worth the potential risks to financial privacy and freedom? Let's have a fruitful discussion on this!

Disclaimer: This is an AI-generated summary of the original text from HRF, forigve fuck-ups plox. If you find it useful, ⚡ 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

⚠️ HRF CBDC ⛓️🪙 alert from HRF for United Arab Emirates (27-MAR-2024)

🗝️ℹ️ (Key Information)

CBDC Status: Pilot

CBDC Launch: n/a

CBDC Model: n/a

CBDC Issued: n/a

Inflation Rate: 4.83%

One-Sentence Summary:

United Arab Emirates 🇦🇪 pilots Central Bank Digital Currency amidst worries over human rights violations and increasing state surveillance.

✅ The United Arab Emirates government is in the pilot phase of its Central Bank Digital Currencies (CBDC) strategy, including cross-border transactions and domestic issuance.

✅ In 2018, the UAE central bank engaged in a wholesale CBDC pilot, 'Project Aber', with the Saudi Central Bank, aimed at enhancing cross-border payments and examining the viability of distributed ledger technology.

✅ By 2021, in collaboration with the Bank for International Settlements, the UAE central bank initiated another wholesale CBDC pilot, 'Project mBridge', targeting key inefficiencies in cross-border payments, while ensuring currency sovereignty and financial stability.

✅ 'Project mBridge' was duly completed in 2022 and by 2023, the launch of the CBDC strategy was announced by the UAE Central Bank governor Khaled Mohamed Balama as an evolution in money and payments. This was set out to take 12-15 months with companies G42 Cloud and R3.

✅ However, the UAE scored poorly (18 out of 100) in Freedom House’s 2023 report, raising significant concerns related to overseeing a CBDC, given the country's stringent laws regulating media and widespread surveillance.

✅ Activists, critics, and political dissidents have been targeted using financial tools as part of suppression strategies - something a CBDC could likely further enable.

✅ Advanced surveillance technologies have been used to monitor public spaces, internet activities, among others in the UAE, a CBDC could potentially enhance this ability, encroaching on individual liberties, and breaching privacy.

#HumanRights #CBDC #UnitedArabEmirates #FinancialFreedom

What do you think about the potential for state scrutiny and control in the personal finances of citizens in countries with strict media laws and stringent monitoring of activities using CBDCs?

Disclaimer: This is an AI-generated summary of the original text from HRF, forigve fuck-ups plox. If you find it useful, ⚡ 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

⚠️ HRF CBDC ⛓️🪙 alert from HRF for Sweden (29-MAR-2024)

🗝️ℹ️ (Key Information)

CBDC Status: Pilot

CBDC Launch: n/a

CBDC Model: n/a

CBDC Issued: n/a

Inflation Rate: 8.37%

One-Sentence Summary:

Despite conducting several phases of Central Bank Digital Currency testing, the 🇸🇪 Sveriges Riksbank's decision to introduce an e-krona remains political, albeit with considerations surrounding risks to financial privacy and freedom.

✅ In 2020, 🇸🇪 Sveriges Riksbank partnered with Accenture to run a CBDC pilot.

✅ 🇸🇪 has been exploring CBDC options since 2016, with primary concerns revolving around the declining use of cash.

✅ Several reports from 2021 to 2023 highlighted the potential for uniquely identifiable e-kronor, offline payments, and programmable payments.

✅ The Sveriges Riksbank also collaborated with the Bank for International Settlements on cross-border transactions involving CBDCs, through Project Icebreaker.

✅ However, the decision to actually introduce an e-krona in 🇸🇪 remains a political discussion.

✅ The results of the 2024 tests indicated that offline capability would demand significant developmental efforts.

✅ Despite earning a perfect score on Freedom House's 2023 Freedom in the World report, the introduction of a CBDC in 🇸🇪 could still pose risks to financial privacy and freedom.

#SverigesRiksbank #E-krona #CBDC #Financialprivacy #HumanRights #FreedomHouse

Question: Given the potential threats to financial privacy and freedom, should nations with a high freedom index, like 🇸🇪, proceed cautiously with the implementation of CBDCs, despite technological feasibility? Your thoughts are invaluable, let's engage respectfully.

Disclaimer: This is an AI-generated summary of the original text from HRF, forigve fuck-ups plox. If you find it useful, ⚡ 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

⚠️ HRF CBDC ⛓️🪙 alert from HRF for United Arab Emirates (27-MAR-2024)

🗝️ℹ️ (Key Information)

CBDC Status: Pilot

CBDC Launch: n/a

CBDC Model: n/a

CBDC Issued: n/a

Inflation Rate: 4.83%

One-Sentence Summary:

The United Arab Emirates' (🇦🇪) pilot phase for its Central Bank Digital Currency (CBDC) raises flags of human rights and civil liberties concerns amidst its progressing digitization journey.

✅ 🇦🇪 is presently in the pilot phase of its CBDC strategy which was initially soft-launched to enable cross-border CBDC trades, alongside proofs-of-concept with India and domestic issuance.

✅ The journey began in 2018 when UAE's Central Bank allied with the Saudi Central Bank for a wholesale CBDC pilot, known as Project Aber, aiming to improve cross-border transactions and assess the efficacy of distributed ledger technology.

✅ UAE's Central Bank tied-up with the Bank for International Settlements in 2021 on a wholesale CBDC pilot, labeled as Project mBridge, which strived to mitigate global transaction impediments.

✅ In 2022, the Bank hailed the successful culmination of Project mBridge, while 2023 saw the launch of the CBDC strategy, expecting to take 12-15 months, embarked upon by Central Bank of UAE governor Khaled Mohamed Balama and companies like G42 Cloud and R3.

✅ The significant human rights apprehensions connected with CBDC issuance and usage in 🇦🇪 involve restrictions on free speech and the propagation of mass surveillance.

✅ Freedom House reported an 18 out of 100 score for 🇦🇪 concerning freedom, with accounts of jailed commentators for governmental criticism, indicating potential misuses of CBDCs in such cases.

✅ Human Rights Watch pointed out large-scale surveillance in 🇦🇪 on the public, internet and electronic devices - reflecting potential harmful usage of a CBDC in extending surveillance and abusing private data.

#CBDC #HumanRights #CivilLiberties #FinancialFreedom #DigitalCurrency #UAE

What are your thoughts on the possible consequences of CBDC on personal freedoms and privacy rights, especially considering the tendency of governments for using financial tools as control mechanisms over its citizens?

Disclaimer: This is an AI-generated summary of the original text from HRF, forigve fuck-ups plox. If you find it useful, ⚡ 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

⚠️ HRF CBDC ⛓️🪙 alert from HRF for Sweden (29-MAR-2024)

🗝️ℹ️ (Key Information)

CBDC Status: Pilot

CBDC Launch: n/a

CBDC Model: n/a

CBDC Issued: n/a

Inflation Rate: 8.37%

One-Sentence Summary:

Sweden's Sveriges Riksbank continues the development of Central Bank Digital Currency, e-krona, through rigorous testing, despite debates on its necessity and potential risks to financial privacy.

✅ The Sveriges Riksbank partnered with Accenture in a 🇸🇪 CBDC pilot kicked off in 2020.

✅ Sweden's first insights into CBDC began back in 2016, with the proposal of the e-krona by the Riksbank's deputy governor Cecilia Skingsley.

✅ A report issued in 2017 advocated for the CBDC as a buffer against private sector enterprise, in light of slumping cash usage in the country.

✅ Throughout 2020, a pilot was launched to provide insights into the logistical elements of a CBDC, resulting in three separate reports published from 2021-2023.

✅ The reports concluded that unique identifiers for e-krona was feasible, a robust system can be achieved via parallel networks, CBDC can be integrated into existing banking systems with offline payment capabilities, and programmable payments and smart contracts are implementable.

✅ Collaborating with the Bank for International Settlements as well, the Sveriges Riksbank has been underlining potential for cross-border transactions with Project Icebreaker.

✅ Despite these advancements, the Riksbank maintains that the final say on introducing an e-krona lies with political decisions, and a recent report suggests the current need for an e-krona in Sweden is insufficient.

✅ The fourth testing phase in 2024 revealed needed improvements in offline capabilities and introduced a different outlook from the token-based solution tested in phase 2.

✅ Sweden, scoring a perfect 100 in 2023's Freedom in the World report, presents no direct concerns over CBDC usage, but debates about potential abuse by governments remain.

✅ Risks to financial privacy and freedom could be an outcome of a CBDC creation, regardless of control by the Riksbank or the European Central Bank.

#Sweden #CBDC #CentralBankDigitalCurrency #ekrona #SverigesRiksbank #FinancialFreedom #DigitalPrivacy

Do you believe the potential benefits of introducing a CBDC in Sweden, such as the e-krona, outweigh the risks these currencies might pose to financial privacy and freedom?

Disclaimer: This is an AI-generated summary of the original text from HRF, forigve fuck-ups plox. If you find it useful, ⚡ 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

⚠️ HRF CBDC ⛓️🪙 alert from HRF for United Arab Emirates (27-MAR-2024)

🗝️ℹ️ (Key Information)

CBDC Status: Pilot

CBDC Launch: n/a

CBDC Model: n/a

CBDC Issued: n/a

Inflation Rate: 4.83%

One-Sentence Summary:

The United Arab Emirates (UAE) advances in its pilot phase of Central Bank Digital Currency (CBDC) creation, despite concerns over the potential repression of free expression and increased surveillance.

✅🇦🇪 is currently in the pilot phase of its CBDC strategy. The country's first phase includes facilitating cross-border CBDC transactions and proofs-of-concept with India and for domestic issuance.

✅ Since 2018, the Central Bank of the UAE joined forces with the Saudi Central Bank on Project Aber, a wholesale CBDC initiative to improve cross-border payments and evaluate distributed ledger technology.

✅ In 2021, the country's Central Bank began collaboration with the Bank for International Settlements on another wholesale CBDC pilot, Project mBridge – a project aiming to address efficiency issues in cross-border payments.

✅ Announcing the successful completion of Project mBridge in 2022, the central bank also unveiled its CBDC strategy in 2023, which is expected to take 12 - 15 months to fully implement.

✅ Despite these advancements, concerns have been raised by the Human Rights Foundation and Freedom House over the UAE's restrictions on free speech and the use of mass surveillance.

✅ Institutions like Amnesty International, Financial Tyranny Index, Human Rights Watch, Privacy International, and the U.S Department of State have also voiced their concerns about violations of human rights and civil liberties that could come with the introduction of CBDCs.

#HumanRights #DigitalCurrency #MonetaryPolicy #CentralBanks #UAE #FreedomHouse

Question: In light of these developments and the concerns raised, how can the introduction of CBDCs be safeguarded to support the free expression and privacy of citizens? What measures can we, as vigilant global citizens, take to ensure this? Let's discuss!

Disclaimer: This is an AI-generated summary of the original text from HRF, forigve fuck-ups plox. If you find it useful, ⚡ 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

⚠️ HRF CBDC ⛓️🪙 alert from HRF for Sweden (29-MAR-2024)

🗝️ℹ️ (Key Information)

CBDC Status: Pilot

CBDC Launch: n/a

CBDC Model: n/a

CBDC Issued: n/a

Inflation Rate: 8.37%

One-Sentence Summary:

Sweden's Sveriges Riksbank advances in its CBDC technical trials, exploring international compatibility while a final decision on its official issuance remains on political tables.

✅🇸🇪's Central bank initiated a CBDC pilot with Accenture in 2020.

✅Sveriges Riksbank Deputy Governor led the call for the CBDC, known as e-krona, as far back as 2016.

✅By 2017, a concluded report necessitated a CBDC's creation due to the declining use of cash in 🇸🇪.

✅The pilot program has produced several reports, examining the viability and potential applications of e-krona, including offline and programmable payments.

✅Alongside, the Bank for International Settlements and Sveriges Riksbank have tested cross-border transactions under 'Project Icebreaker'.

✅The introduction of CBDC in Sweden still remains a political decision, according to the central bank.

✅Sveriges Riksbank's latest testing phase in 2024 differentiated between token-based offline solutions and the current concept of the e-krona that remains within an online system.

✅Despite Sweden’s high rating in the 2023 Freedom in the World report, concerns exist about risks to financial privacy and freedom that a CBDC might introduce.

#SverigesRiksbank #CBDC #SwedenCBDC #eKrona #HumanRights #FinancialPrivacy #FreedomHouse

What are your thoughts on the advancements of the e-krona by the Sveriges Riksbank and its potential impact on the citizens' financial privacy and freedom?

Disclaimer: This is an AI-generated summary of the original text from HRF, forigve fuck-ups plox. If you find it useful, ⚡ 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

⚠️ HRF CBDC ⛓️🪙 alert from HRF for United Arab Emirates (27-MAR-2024)

🗝️ℹ️ (Key Information)

CBDC Status: Pilot

CBDC Launch: n/a

CBDC Model: n/a

CBDC Issued: n/a

Inflation Rate: 4.83%

One-Sentence Summary:

🇦🇪 United Arab Emirates advances into the pilot phase of its ambitious Central Bank Digital Currency (CBDC) strategy, sparking concerns surrounding potential implications for human rights and individual privacy.

✅ The Central Bank of UAE is spearheading the country's CBDC advancement, having completed an initial soft launch targeting cross-border transactions and started proofs-of-concept with India and for domestic issuance.

✅ Since 2018, the UAE Central Bank has been committed to the development of a wholesale CBDC, focusing on optimizing cross-border payments and transfers, in collaboration with the Saudi Central Bank through Project Aber.

✅ Following Project Aber, the UAE Central Bank joined forces with the Bank of International Settlements on Project mBridge in 2021. This endeavor targets improving the transparency, speed and cost of cross-border transactions while safeguarding currency sovereignty.

✅ In 2022, the Central Bank of UAE successfully concluded Project mBridge, paving the way for the next steps in the country's CBDC journey.

✅ In 2023, the Central Bank governor made a public statement marking the launch of the UAE's CBDC strategy, highlighting plans for its first phase to last between 12-15 months. This phase involves additional proofs-of-concept with India and internally, in collaboration with companies G42 Cloud and R3.

✅ Criticisms regarding the centralised control of a UAE CBDC have been voiced due to the country's low ranking (18/100) in the global 2023 Freedom in the World report, particularly with respect to restrictions on free speech and increased surveillance.

✅ Reports have detailed that the misuse of a CBDC could lead to governments undermining opposition by easily freezing finances of activists or political rivals or intensifying surveillance efforts, potentially infringing on individuals' rights and privacy.

# #CentralBankDigitalCurrency #CBDC #HumanRights #FinancialPrivacy #UAE

As Bitcoin enthusiasts and advocates, how can we address potential misuse of CBDCs in regions with a questionable track record on free speech and personal liberties, ensuring that financial technology doesn't become a tool for supervision and coercion?

Disclaimer: This is an AI-generated summary of the original text from HRF, forigve fuck-ups plox. If you find it useful, ⚡ 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

⚠️ HRF CBDC ⛓️🪙 alert from HRF for Sweden (29-MAR-2024)

🗝️ℹ️ (Key Information)

CBDC Status: Pilot

CBDC Launch: n/a

CBDC Model: n/a

CBDC Issued: n/a

Inflation Rate: 8.37%

One-Sentence Summary:

Sweden's Sveriges Riksbank concludes fourth CBDC testing phase, signaling development, but final decision remains political.

✅ Sweden's central bank, Sveriges Riksbank 🇸🇪, has been exploring the creation of a CBDC named e-krona since 2016.

✅🇸🇪🏦 concluded initial reports in 2021 and 2022 showing feasibility of integrating a CBDC into the banking system and issuing offline payments.

✅ Riksbank and the BIS have been experimenting with CBDCs for cross-border transactions under Project Icebreaker.

✅ Despite these developments, issuance of e-krona is viewed as a political decision and currently considered unnecessary according to a recent inquiry.

✅ The fourth phase of testing in 2024 focused on offline capabilities but noted significant development work needed.

✅🇸🇪 scored 100/100 in Freedom in the World report, indicating no direct concerns with a domestic CBDC at the moment.

✅ Potential risks to financial privacy and freedom with the creation of a CBDC are recognized.

#HumanRights #CentralBanks #DigitalCurrency #CBDCs #Sweden #FinancialPrivacy

What are your thoughts on the potential risks versus benefits of implementing a CBDC in a country like Sweden with high freedom scores? Could CBDCs impact fundamental freedoms even in these contexts? Let's have a respectful conversation about the future of finance.

Disclaimer: This is an AI-generated summary of the original text from HRF, forigve fuck-ups plox. If you find it useful, ⚡ 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

⚠️ HRF CBDC ⛓️🪙 alert from HRF for United Arab Emirates (27-MAR-2024)

🗝️ℹ️ (Key Information)

CBDC Status: Pilot

CBDC Launch: n/a

CBDC Model: n/a

CBDC Issued: n/a

Inflation Rate: 4.83%

One-Sentence Summary:

The United Arab Emirates (🇦🇪) is forging ahead on its Central Bank Digital Currency (CBDC) project amid growing concerns over human rights and privacy intrusions.

✅ The UAE government has entered the pilot phase of its CBDC strategy which includes a soft launch for facilitating cross-border transactions and proofs-of-concept both domestically and with India.

✅ In 2018, the UAE and Saudi Central Bank initiated Project Aber, a wholesale CBDC pilot to enhance cross-border payments and examine distributed ledger technology effectiveness.

✅ The UAE Central Bank collaborated with the Bank for International Settlements in 2021 to execute Project mBridge, targeting inefficiencies in cross-border payments while maintaining currency sovereignty and financial stability principles.

✅ 2022 saw the successful completion of Project mBridge announced by the UAE Central Bank.

✅ In 2023, the Central Bank's Governor Khaled Mohamed Balama publicly announced the launch of the CBDC strategy; firms G42 Cloud and R3 supported the execution.

✅ The UAE's dismal ranking of 18 out of 100 in the 2023 Freedom House report raised concerns over the potential misuse of CBDCs in enforcing restrictions on free expression and enlarging the scope of mass surveillance.

✅ Freedom House and Human Rights Watch reports highlight the use of advanced surveillance technologies in the UAE and the risk of CBDCs contributing to increased financial surveillance.

#CentralBankDigitalCurrency #HumanRights #Privacy #FinancialInclusion #DigitalEconomy

Thought-provoking question:

As the UAE ventures further into digital currency, how should the international community balance the exciting transformative potentials of CBDCs with serious concerns about individual freedoms and privacy rights? Let's foster a discussion around this poignant intersection of finance and human rights. Let us know your thoughts!

Disclaimer: This is an AI-generated summary of the original text from HRF, forigve fuck-ups plox. If you find it useful, ⚡ 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

⚠️ HRF CBDC ⛓️🪙 alert from HRF for Sweden (29-MAR-2024)

🗝️ℹ️ (Key Information)

CBDC Status: Pilot

CBDC Launch: n/a

CBDC Model: n/a

CBDC Issued: n/a

Inflation Rate: 8.37%

One-Sentence Summary:

🇸🇪's Central Bank (Sveriges Riksbank) consistently expands on its CBDC research and pilots, yet maintains that the decision to introduce e-krona lies in political channels.

✅ In 2016, 🇸🇪's Central Bank started considering issuing a CBDC, the e-krona, whose necessity was emphasized in a 2017 report due to the decline in cash use.

✅ The Sveriges Riksbank initiated a CBDC pilot in 2020 aimed at understanding technical requirements, practical applications, and other options; several reports released up until 2023 highlighted feasible implementation and system integration.

✅ Collaboration with The Bank for International Settlements aimed at examining cross-border transactions involving CBDCs resulted in a central hub for exchanges across CBDC systems.

✅ Even with ongoing development and research, the introduction of the e-krona in 🇸🇪 is described as "a political decision", and recent reports suggest there may be insufficient social need for introducing a CBDC.

✅ Despite completing a fourth testing phase in 2024, recognizing offline capabilities requiring more development work, the envisioned CBDC exists only within the online system.

✅ Despite 🇸🇪's solid score in Freedom House's 2023 Freedom report, the introduction of a CBDC still has potential privacy risks and can impact financial freedom.

#SwedenCBDC #centralbanks #digitalcurrency #CBDCResearch #SverigesRiksbank #bankinginnovation #monetarypolicy

What are your thoughts on Sweden's cautious approach towards CBDCs, despite their extensive research and pilot programs? How do we balance the need for digital innovation and potential risks to financial privacy?

Disclaimer: This is an AI-generated summary of the original text from HRF, forigve fuck-ups plox. If you find it useful, ⚡ 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

⚠️ HRF CBDC ⛓️🪙 alert from HRF for United Arab Emirates (27-MAR-2024)

🗝️ℹ️ (Key Information)

CBDC Status: Pilot

CBDC Launch: n/a

CBDC Model: n/a

CBDC Issued: n/a

Inflation Rate: 4.83%

One-Sentence Summary:

🇦🇪 is piloting its Central Bank Digital Currency (#CBDC) strategy, amidst concerns of human rights with potential for mass surveillance and seizure of finances.

✅ 🇦🇪's first phase in CBDC strategy includes a soft launch for cross-border transactions and proofs-of-concept with India and for domestic issuance.

✅ Starting in 2018, 🇦🇪's Central Bank collaborated with Saudi Central Bank in a CBDC pilot project, Project Aber, to assess the viability of issuing a wholesale CBDC for enhancing cross-border transactions.

✅ Project mBridge, a collaboration with the Bank for International Settlements initiated in 2021, aimed at addressing inefficiencies in cross-border payments while maintaining currency sovereignty. Its successful completion was announced in 2022.

✅ The CBDC strategy was launched in 2023 by Khaled Mohamed Balama, Governor of 🇦🇪's Central Bank, stating that CBDC would spur digitalization and foster financial inclusion.

✅ The first phase of this strategy would span over 12-15 months, conducted with companies G42 Cloud and R3.

✅ Despite these advancements, 🇦🇪 scored just 18/100 in Freedom House's 2023 Freedom report, with concerns tied to the CBDC launch being restrictions on free expression and mass surveillance.

✅ CBDCs, unfortunately, could be exploited as tools for freezing and seizing money of activists or political rivals, undermining their opposition.

✅ The advanced surveillance technologies already employed by 🇦🇪 could be further amplified by CBDCs, infringing on civil liberties by tracking financial records.

#HumanRights #FinancialFreedom #CBDC #DigitalCurrency #UAE

What are your thoughts on CBDCs and their potential impact on individual freedoms? Could there be ways to prevent the misuse of such technologies? Let's discuss!

Disclaimer: This is an AI-generated summary of the original text from HRF, forigve fuck-ups plox. If you find it useful, ⚡ 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

⚠️ HRF CBDC ⛓️🪙 alert from HRF for Sweden (29-MAR-2024)

🗝️ℹ️ (Key Information)

CBDC Status: Pilot

CBDC Launch: n/a

CBDC Model: n/a

CBDC Issued: n/a

Inflation Rate: 8.37%

One-Sentence Summary:

🇸🇪's Sveriges Riksbank has implemented various phases for the development of a Central Bank Digital Currency (CBDC) known as e-krona since 2016, focusing on integration, offline payments, and programmable payments, yet the actual introduction remains a political decision.

✅ Since 2016, the Sveriges Riksbank of 🇸🇪 began exploring the need for a CBDC in response to declining cash usage.

✅ The concept of e-krona was born with the initiation of a pilot project in 2020 to understand better the technical dynamics of a CBDC.

✅ Their various reports from 2021 to 2023 found the feasibility of e-krona, its integration into existing banking systems, and recognised programmable payments.

✅ In collaboration with the Bank for International Settlements, Sveriges Riksbank studied the application of CBDCs in cross-border transactions.

✅ The final decision to introduce e-krona, as per the Sveriges Riksbank, remains a political decision.

✅ While various phases of testing improved upon the system, the recent 2024 report highlights the challenging aspect of offline capability.

✅ In spite of Sweden’s immaculate score in Freedom House’s 2023 report, concerns around the application of CBDCs towards human rights violations cannot be ruled out.

#CentralBankDigitalCurrency #CBDC #Banking #Finance #HumanRights #Sweden

-How can the global community ensure that the adoption of CBDCs doesn't compromise financial privacy and freedom?

Disclaimer: This is an AI-generated summary of the original text from HRF, forigve fuck-ups plox. If you find it useful, ⚡ 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