Crypto News

Brazil's CBDC Project Drex Aims to Transform National Transaction System

Brazil's CBDC pilot project Drex, led by Fabio Araujo, seeks to replace the national transaction system. While the transition is complex and costly, Drex aims to simplify financial settlements with...

Brazil's CBDC Project Drex Set to Transform National Transaction System

Fabio Araujo, coordinator of Brazil's CBDC project Drex, shares insights on its evolution to replace the national transaction system and how it will streamline financial settlements.

Brazil Integrates DeFi in Synthetic CBDC Development: Insights on Drex

Brazil is innovatively incorporating decentralized finance (DeFi) into the development of its synthetic CBDC, Drex, as announced by Central Bank Governor Roberto Campos Neto. This initiative aims t...

Brazil Integrates DeFi into Synthetic CBDC Development for Economic Innovation

Brazil is advancing its synthetic CBDC, Drex, by incorporating decentralized finance (DeFi) to tackle decentralization, privacy, and programmability challenges. This innovative approach was highlig...

Russian Central Bank Defines Digital Ruble's Role in Monetary Policy

The Central Bank of Russia affirms that the digital ruble will not affect current monetary policy frameworks. The bank maintains its tools and strategies to target inflation effectively in the upco...