Drex – The Shib Daily

Brazil’s Digital Currency Advances with Drex Consortium

October 15, 2024

Brazil’s Central Bank (BC) has announced a second phase for its pilot project, Drex, which aims to create a digital currency infrastructure for the country’s financial system. The project, launched in 2019, intends to expand the number of consortiums participating and receive more complex

Policy·Regulation·Road 2 Crypto

Brazil Adds DeFi Integration to Drex Digital Currency Project

October 7, 2024

Brazil is making significant strides in its Central Bank Digital Currency (CBDC) initiative, known as Drex, by incorporating elements of decentralized finance (DeFi) into the project. This latest phase aims to modernize the country’s financial infrastructure and introduces innovative experimentation that integrates DeFi concepts into the CBDC framework. Roberto Campos Neto, the President of Banco

September 6, 2024

Brazil’s Central Bank Advances Drex Pilot with 13 New Themes for Smart Contract Testing

The Central Bank of Brazil (BC) announced on Wednesday a major step