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Brazil CBDC pilot delayed to 2025 due to inefficient privacy solutions

CointimeCointime2024/05/27 05:04
By:Cointime

The Brazilian central bank recently stated that due to the inefficiency of the privacy solution provided by drex for the CBDC project, its pilot has been postponed until 2025. The new pilot phase will begin in July and end in 2025, allowing third parties to implement new features including smart contracts.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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