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digital real

27 October, 2023

Brazilian central banker talks about new payment system, CBDCs, digital payments

The Brazil central bank boss sees CBDC's potential, arguing that if every country has a digital currency that it could...

Brazil CBDC faces setbacks as banking regulator suspends innovation lab

Business

Wahid Pessarlay

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...

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

Business

Steve Kaaru

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 allows firms to participate in digital real CBDC pilot

Business

Wahid Pessarlay

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...

Brazil’s digital real makes its debut on a public blockchain

Business

Wahid Pessarlay

9 March, 2023

Brazil’s digital real makes its debut on a public blockchain

The experiment was conducted by digital currency exchange Mercado Bitcoin and Stellar protocol designed to promote low-cost and real-time settlement...

Brazil central bank forms CBDC study group

Business

Steve Kaaru

27 August, 2020

Brazil central bank forms CBDC study group

The group will investigate the implications of a central bank digital currency (CBDC) on the country’s economy, among other things.

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Charles Miller

20 Dec 2024

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