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

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

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