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Fabio Araujo, the coordinator of Drex, the Brazilian CBDC, envisions this network substituting the current national transaction system and moving all the funds currently settled by the Reserve Transfer System.…
Tecban, a fintech that provides interconnection technology for banks, has launched a tokenization and associated services platform called Nexchain. This platform facilitates the process of placing assets on the blockchain…
Banco Do Brasil, a bank owned in its majority by the Brazilian state, and Giesecke+Devrient, are partnering to explore the possibilities of bringing offline payments to the future Brazilian CBDC,…