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Brazilian Central Bank: CBDC Designed to Help New Businesses

The Brazilian Central Bank says that its central bank digital currency (CBDC) – the digital real – is being designed to help now domestic businesses grow. The bank is also looking to tighten the regulations surrounding c...

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Brazilian Central Bank: CBDC Designed to Help New Businesses
The Brazilian Central Bank says that its central bank digital currency (CBDC) – the digital real – is being designed to help now domestic businesses grow. The bank is also looking to tighten the regulations surrounding cryptoassets.
The newspaper O Globo reported that Roberto Campos Neto, the bank’s governor, confirmed that the digital real is set to begin the first stage of its pilot in March....
Read More: Brazilian Central Bank: CBDC Designed to Help New Businesses

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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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