Central Bank of Brazil Postpones CBDC Strategy, Shuts Down Current Pilot Platform
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5 Articles
Central Bank of Brazil Postpones CBDC Strategy, Shuts Down Current Pilot Platform - Invest In Crypto News
The Central Bank of Brazil announced it would discontinue the platform used to run drex, the Brazilian CBDC initiative, during its first two phases. Fabio Araujo, the project’s coordinator, stated that drex would pivot to a platform to facilitate the use of assets as collateral. Central Bank of Brazil Winds Down Drex CBDC Platform, Pivots […] Source link The post Central Bank of Brazil Postpones CBDC Strategy, Shuts Down Current Pilot Platform f…
Central Bank of Brazil Postpones CBDC Strategy, Shuts Down Current Pilot Platform
The Central Bank of Brazil announced it would discontinue the platform used to run drex, the Brazilian CBDC initiative, during its first two phases. Fabio Araujo, the project’s coordinator, stated that drex would pivot to a platform to facilitate the use of assets as collateral. Central Bank of Brazil Winds Down Drex CBDC Platform, Pivots... The post Central Bank of Brazil Postpones CBDC Strategy, Shuts Down Current Pilot Platform appeared first…
The European Central Bank is excited about its digital euro, China is already testing its electronic yuan, and the United States flirts with the idea of the digital dollar. In Latin America , several governments observe with technological admiration and a pinch of anxiety: Brazil advances with its digital real, Mexico plans to launch itss in the coming years, and the Central Bank of Chile has been doing discreet experiments for some time. Everyt…
DLT infrastructure will be stopped in the next phase, but the next step will be taken.
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