April 16, 2025

Brazilian Drex Hits Privacy Roadblock as Support From External Partners Wanes

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Local media reports that several companies, including Microsoft and EY, have reduced the number of employees working on drex-related solutions. This reduction is due to the central bank’s lack of support for these initiatives during the second phase of the CBDC pilot. Brazilian CBDC Pilot Drex Affected by Company Withdrawals Following Resource Cutbacks Drex, the

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