Central Bank of Brazil Postpones CBDC Strategy, Shuts Down Current Pilot Platform
The Central Bank of Brazil announced it would discontinue the platform used to run drex, the Brazilian CBDC initiative, during its first two phases. Fabio Araujo, the project’s coordinator, stated that drex would pivot t...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Bitcoin NewsRelated market context
Swiss Bitcoin Pay Shuts Down Servers After Data Breach
Bitcoin Magazine Swiss Bitcoin Pay Shuts Down Servers After Data Breach Another day, another data breach. Swiss Bitcoin Pay, a non...
Swiss Bitcoin Pay shuts down servers after suspected breach
The shutdown highlights the ongoing security challenges in crypto payment systems, emphasizing the need for robust non-custodial s...
Bitwise CIO Matt Hougan breaks down why Strategy’s Bitcoin sales didn’t crash the market
Bitcoin's resilience to large sales indicates strong market demand, reducing fears of forced liquidation and signaling institution...
A new XRPL upgrade could concentrate XRP ownership inside banks instead of retail wallets
A proposed XRP Ledger (XRPL) upgrade could let banks and fintechs absorb XRP costs so customers never need to hold the token. The...
CLARITY Act Nears Senate Showdown: Crypto’s Long Wait for US Rules Reaches a Critical Vote
For cryptocurrency businesses waiting for Washington to settle how their industry should be regulated, the next hurdle comes down...
Coinbase gives community banks a stablecoin bridge while supplying infrastructure underneath
Coinbase’s new partnership with payments platform Moov gives community banks and credit unions a route to offer stablecoin service...