Brazilian BV Bank Tests Tokenized Model for Vehicle Sales
BV Bank, a Brazilian bank leader in vehicle loans, is running a pilot that uses tokenization to manage vehicle financing and sales operations. The first phase…
Source: biztoc.com
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Banks roll out credit incentives to boost demand
Banks are rolling out a raft of concessionary lending schemes to fuel demand amid gloomy credit growth.
Source: vir.com.vn
Brazil names CBDC 'Drex' as central bank expands tests of DLT-based platform
Brazil’s central bank has set out the next steps of its journey towards the launch of a digital currency – newly named ‘Drex’ – as its experimentations with the platform that would underpin it advance through 16 projects.
Source: globalgovernmentfintech.com
Currency sell-off bolsters VND status
Selling foreign currency reserves in nominal terms will help calm the forex market in the face of volatile market swings driven by sentiment, say analysts.
Source: vir.com.vn