Brazilian CBDC Drex Envisioned to Replace Current Transaction System
Fabio Araujo, the coordinator of Drex, the Brazilian CBDC, envisions this network substituting the…
Central Bank of Brazil Reveals New Use Cases to Be Tested in Its Drex CBDC Second Pilot Phase
The Central Bank of Brazil disclosed a new set of use cases that will be part of the second phase of…
Central Bank of Brazil Hints at a Future Integration of AI Into Its CBDC
The Central Bank of Brazil has hinted at implementing artificial intelligence (AI) and data…
Fintech Company Tecban Pilots Tokenization Platform for Brazil’s Drex CBDC
Tecban, a fintech that provides interconnection technology for banks, has launched a tokenization…
Parfin Creates New Blockchain to Be Used as Privacy Solution for Brazilian CBDC
Parfin, a financial technology company, has created a new blockchain system to be used as a privacy…
Brazilian CBDC Pilot Postponed to 2025 Due to Inefficiency of Privacy Solutions
The Central Bank of Brazil announced the postponement of the completion of the drex pilot, the…
Citi: Brazil Is at the Top of Digital Money Initiatives in Latam
A recent report by Citi, a global financial institution, has put Brazil at the top of the nations…
Brazilian BV Bank Tests Tokenized Model for Vehicle Sales
BV Bank, a Brazilian bank leader in vehicle loans, is running a pilot that uses tokenization to…
Latam Insights: Tim Draper’s Bitcoin Prophecy for El Salvador, Bukele’s Bitcoin Rush
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic…