
Banco Central do Brasil
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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...
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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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2 September, 2023
Brazil CBDC faces setbacks as banking regulator suspends innovation lab
Facing technical difficulties and privacy concerns, Brazil's CBDC launch falters following the central bank's indefinite suspension of LIFT Lab, causing...
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11 May, 2023
Brazil’s central bank allows firms to participate in digital real CBDC pilot
Participating financial institutions will be selected based on their previous experiences with distributed ledger technology with a preference for the...
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2 September, 2022
Brazil’s central bank endorses Itaú’s DeFi liquidity pool proposal
The platform will deploy blockchain and smart contracts in asset custody, currency exchange, and alternative investment financial services and would...
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10 March, 2022
Brazil central bank picks Visa, 8 other firms for CBDC pilot
Brazil is moving forward with its central bank digital currency plans, and in the latest move, it has picked nine...
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