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