The Central Bank of Brazil announced it would discontinue the platform used to run drex, the Brazilian CBDC initiative, during its first two phases. Fabio Araujo, the project’s coordinator, stated that drex would pivot to a platform to facilitate the use of assets as collateral. Central Bank of Brazil Winds Down Drex CBDC Platform, Pivots […]
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The timing raised some concerns within the community as the number of treasury companies selling BTC has been gradually increasing lately. The world’s third-largest public holder of...
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