Central Bank of Brazil Postpones CBDC Strategy, Shuts Down Current Pilot Platform

The Central Bank of Brazil announced it would discontinue the level utilized to tally drex, the Brazilian CBDC initiative, during its archetypal 2 phases. Fabio Araujo, the project’s coordinator, stated that drex would pivot to a level to facilitate the usage of assets arsenic collateral. Central Bank of Brazil Winds Down Drex CBDC Platform, Pivots […]