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Banco Central do Brasil

Brazil’s DREX CBDC pilot derailed by data privacy concerns
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7 March, 2025

Brazil’s DREX CBDC pilot derailed by data privacy concerns

As the second phase of the DREX pilot continues, Brazil’s central bank has tried ZK-proofs, layer 2 networks and confidential...
Brazil’s digital asset imports surge by 60%
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8 November, 2024

Brazil’s digital asset imports surge by 60%

Brazilians made digital asset payments worth $1.4 billion in September, bringing this year’s total to $13.8 billion and already surpassing...
Hong Kong eyes tokenization; Bolivia offers stablecoin custody
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6 November, 2024

Hong Kong eyes tokenization; Bolivia offers stablecoin custody

Hong Kong will integrate its tokenization platform with Brazil’s DREX CBDC network and Thailand’s Project San, which establishes a tokenization...
Brazil explores tokenization, DeFi with Drex CBDC
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9 October, 2024

Brazil explores tokenization, DeFi with Drex CBDC

Banco Central do Brasil has been struggling to find the right balance on the disintermediation spectrum as Brazil steps up...
Brazil delays DREX CBDC launch over privacy concerns
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3 June, 2024

Brazil delays DREX CBDC launch over privacy concerns

Similar to developed nations, Brazil also shows great concerns regarding the privacy of CBDCs despite conducting several trials to address...
Brazil central bank to tighten digital asset regulation amid 44% spike in investment
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4 October, 2023

Brazil central bank to tighten digital asset regulation amid 44% spike in investment

From January to August, Brazilians invested $7.4 billion in digital assets, attracting the central bank's attention, which wants to curb...
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