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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Key TakeawaysCoinbase reached 8.6% crypto trading volume market share, setting a new company high.Derivatives adoption lifted retail annualized revenue above $200 million, expanding Coinbase’s revenue mix.Base and USDC...
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