Brazilian congresswoman Julia Zanatta expressed concerns about the impact of the central bank digital currency (drex) on citizens' lives. She stated that if drex is deployed improperly, it could lead to the end of physical currency and suggested voting on its final deployment.
Zanatta stated that she has planned to establish multiple backup measures to prevent this from happening, helping Brazilians maintain their current economic freedoms. She emphasized that the use of drex should be voluntary rather than mandatory, as it could become a tool for exerting control over Brazilians, and also called for the public to raise awareness of such issues, as these tools may be used to restrict personal freedoms.
Zanatta believes that, since drex has not yet been approved for launch, she will propose a referendum for citizens to decide the future of the project, as such a significant change should at least be discussed in Congress. The drex pilot is currently in its second phase and is facing delays due to a lack of effective implementation to protect the privacy of potential users. (Bitcoin.com)