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Brazilian Drex Hits Privacy Roadblock as Support From External Partners Wanes

Local media reports that several companies, including Microsoft and EY, have reduced the number of employees working on drex-related solutions. This reduction is due to the central bank’s lack of support for these initia...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Brazilian Drex Hits Privacy Roadblock as Support From External Partners Wanes
Local media reports that several companies, including Microsoft and EY, have reduced the number of employees working on drex-related solutions. This reduction is due to the central bank’s lack of support for these initiatives during the second phase of the CBDC pilot. Brazilian CBDC Pilot Drex Affected by Company Withdrawals Following Resource Cutbacks Drex, the […]

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