Brazilian central bank president confirms CBDC pilot will launch in 2022

Brazilian central bank president confirms CBDC pilot will launch in 2022

The sovereign national digital currency will be based on national fiat and would have a fixed supply quite similar to Bitcoin. The president of the Central Bank of Brazil confirmed that the country’s sovereign digital currency pilot will go live this year, Cointelegraph Brazil reported.The confirmation about the central bank's digital currency came during an event on Monday, where Roberto Campos Neto, the president of the Central Bank of Brazil, noted that a pilot CBDC program could go live in the second half of this year.The value of the upcoming CBDC would be pegged against the national....


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