The schedule of the Central Bank of Brazil indicates that the drex it could happen in 2025, after delays in recent years due to server attacks and other factors. Now some senators are starting the year with support for the project, which could eventually even replace the country’s cash supply. Created in a DLT environment, […]
Tag: DREX
Drex and Pix will work without internet, Campos Neto says
In a panel held on the 17th, Campos Neto revealed that both the drex as the Pix can receive updates so that citizens can use the service offline, i.e. without being dependent on internet access. In the conversation, the President of the Central Bank of Brazil also spoke about the challenges of inflation, the creation […]
Drex will end many cryptocurrencies, says CVM president
João Pedro Nascimento CVM Securities and Exchange Commission (CVM) Chairman João Pedro Nascimento shared insights into the potential impact of the development of DREX (Digital Asset Registration and Settlement System) in Brazil, especially on cryptocurrencies. Presenting at the seminar The administrative sanctions process within the scope of CRSFN and CRSNSP, he said that as the […]