Jair Bolsonaro, the new Brazilian president who has officially taken office a week ago, has criticized a project offering to create a cryptocurrency for indigenous people in a Jan. 7 tweet.
Bolsonaro claimed that the new government will soon open “a black box” — a reference to an airplane’s flight recorder — of contracts and projects by state-owned economic development bank BNDES and other institutions. He mentioned that the recent project aiming to create a digital currency for the native population of Brazil has already been cancelled by the government.