Human Rights Foundation Launches CBDC Tracker

CBDC Tracker Initiative

The Human Rights Foundation (HRF) has unveiled a central bank digital currency (CBDC) tracker, marking a significant step in monitoring and understanding digital currency trends. Announced at the Oslo Freedom Forum, this new tool aims to provide comprehensive insights and educational resources about CBDCs. The tracker is set to become fully operational by the end of the year.

Development and Launch

This initiative was developed through an eight-month fellowship at HRF. The fellowship team included members such as Nick Anthony, a policy analyst at the Cato Institute, Janine Romer, and podcaster Matthew Mezinskis. The Cato Institute is known for its critical stance on CBDCs, which influences the tracker’s analytical perspective.

Educational Resources and Functionality

The online tracker currently offers educational materials and a tip line, designed to engage and inform the public on CBDC-related issues. As the project progresses, it will expand its functionalities to provide more detailed and interactive content. This development is part of HRF’s broader mission to enhance public understanding of financial technologies and their implications for human rights.

Future Prospects

By the end of the year, the CBDC tracker is expected to be a fully-fledged tool, offering detailed information and updates on digital currencies globally. This initiative underscores HRF’s commitment to educating the public and fostering transparency in the evolving world of digital currencies. The tracker will serve as a valuable resource for anyone interested in the impacts of CBDCs on privacy and freedom.