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DREX

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’s BV Bank tests car sales ahead of DREX CBDC pilot
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13 April, 2024

Brazil’s BV Bank tests car sales ahead of DREX CBDC pilot

BV Bank has been testing the viability of DvP settlements in car sales transactions, which involves the simultaneous transfer of...
Brazil explores CBDC offline functionality ahead of mainstream launch
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18 March, 2024

Brazil explores CBDC offline functionality ahead of mainstream launch

Brazil's central bank follows other countries in exploring an offline payment solution for its CBDC as part of its effort...
Brazilian central banker talks about new payment system, CBDCs, digital payments
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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...
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