Brazil Central Bank CBDC Pilot Snubs Crypto Firms
The Central Bank of Brazil has effectively blocked crypto firms from taking part in its central bank digital currency (CBDC) pilot. The bank this month issued a call for interested firms to join the next phase of its pil...
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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The bank this month issued a call for interested firms to join the next phase of its pilot.
But while the bank did not explicitly rule out the participation of crypto companies, the media outlet Livecoins explained that the call was a de facto snub for crypto players....
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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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