Brazil's Central Bank invites new participants to join the CBDC pilot program

Golden Finance reported that Brazil is preparing to deepen activities around its Central Bank Digital Money (CBDC) pilot project Drex. The Brazilian Central Bank announced that the pilot project will be opened to more participants in order to expand testing of more complex use cases in the platform. The new consortium will be able to submit its proposals for review by the project executive management committee between October 14th and November 29th.

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