Central Bank of Brazil Confirms It Will Run a Pilot Test for Its CBDC This Year

Central Bank of Brazil Confirms It Will Run a Pilot Test for Its CBDC This Year

The Central Bank of Brazil has confirmed that the institution will run a pilot test regarding the implementation of its proposed central bank digital currency (CBDC), the digital real. Roberto Campos Neto, president of the bank, also stated that this new test will include a fixed supply of the mentioned token, and detailed this pilot will be executed during the last six months of this year.

 

Central Bank of Brazil Confirms It Will Run a Pilot Test for Its CBDC This Year

Syrian Loses Job Due to Cross Necklace

A Syrian employee was fired after being asked to take off…

China Coast Guard to Use Force

Xi Jinping of China has put a new law in place that authorizes…

Approval for More Construction on U.S. Embassy

Plans were recently approved to begin an expansion of the…