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Central Bank of Brazil

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...
It’s ‘DREX,’ not digital real: Brazil unveils the name of its CBDC
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11 August, 2023

It’s ‘DREX,’ not digital real: Brazil unveils the name of its CBDC

DREX is an acronym for digital real electronic transactions, with its logo depicting two arrows that signify the evolution of...
Brazil’s central bank moves closer toward CBDC launch in 2024
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18 December, 2022

Brazil’s central bank moves closer toward CBDC launch in 2024

The CBDC launch is expected to promote financial inclusion, support existing payment systems and provide better risk control to help...
Brazil central bank denies CBDC trial links with Seattle startup
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14 November, 2021

Brazil central bank denies CBDC trial links with Seattle startup

The Seattle startup, known as Kaj Labs, published a PR claiming it was working with the central bank of Brazil...
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