South African Economist Flags Authoritarian Risks in CBDCs

South African Economist Flags Authoritarian Risks in CBDCs

Economist Dawie Roodt has issued a warning that central bank digital currencies could become tools for authoritarian control due to their “programmable” nature. The Authoritarian Risk South African economist Dawie Roodt warned that central bank digital currencies, or CBDCs, could become instruments of authoritarian control if governments exploit their programmable features. Speaking at a recent…

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Indiana Governor Signs Bill Allowing Bitcoin in State Retirement Plans

Bitcoin Magazine Indiana Governor Signs Bill Allowing Bitcoin in State Retirement Plans Indiana Gov. Mike Braun has signed legislation allowing bitcoin and cryptocurrency investments in the state’s public retirement and savings plans, opening the door for state employees to gain exposure to digital assets through self-directed accounts. The measure, House Bill 1042, requires Indiana’s public…

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Ethereum Smart Accounts Coming in Hegota Fork

Ethereum Smart Accounts Coming in Hegota Fork

Ethereum account abstraction, or smart accounts, will be shipped with the Hegota upgrade “within a year,” said Vitalik Buterin on Saturday. “We have been talking about account abstraction ever since early 2016,” said the Ethereum co-founder over the weekend.  He added that now, “we finally have EIP-8141, an omnibus that wraps up and solves every…

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