BeInCrypto Brasil
--
Brazil's CBDC faces privacy issues and lack of external funding.
The development of Drex, the Brazilian central bank digital currency (CBDC), is going through its most delicate moment since the beginning of the pilot phase.
Although it was presented as a decentralized and modern financial infrastructure capable of streamlining payments and digitizing assets, it now faces a combination of technical obstacles, institutional doubts, and a loss of momentum from key partners.
Drex faces its biggest crisis: privacy challenges and reduced institutional support.
Although it was presented as a decentralized and modern financial infrastructure capable of streamlining payments and digitizing assets, it now faces a combination of technical obstacles, institutional doubts, and a loss of momentum from key partners.
Drex faces its biggest crisis: privacy challenges and reduced institutional support.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.