Brazil's Central Bank to introduce virtual currency in 2024
Drex distinguishes itself from cryptocurrencies. It will maintain a fixed value equivalent to the Brazilian real. Every 1 real will correspond to 1 Drex.
Source: ebc.com.br
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Top News In Real Digital Today - Breaking & Trending Today
Brazilian Central Bank Digital Currency Raises Alarm as Developer Uncovers Fund Freezing Feature
A blockchain developer has found a code in Brazilian central bank-backed digital currency (CBDC) that would allow the government to freeze accounts or even drain them at will. Read on to learn more.
Source: cryptonews.com
Brazil's Central Bank Partners with Mercado Bitcoin to Advance CBDC Pilot
Brazil's Central Bank has partnered with Mercado Bitcoin to move forward with its central digital currency.
Source: insidebitcoins.com
Crypto Regulation in Brazil and Binance CEO Kicks Next Bull for Bitcoin; 5 news that shook the week in the crypto world
Check below the five most read Crypto Times news between May 22nd and 26th: (Image: Getty) Some of the events in the world of cryptocurrencies have gained greater prominence among users and enthusiasts of this market. Check below the five most read news of the Crypto Times between the 22nd…
Source: globalhappenings.com
Visa working with Brazil's farmers to cultivate uses for CBDC
To demonstrate the value of a central bank digital currency to small businesses, the U.S. card network is using Brazil's Real Digital to cut costs for local growers.
Source: americanbanker.com