Central Bank of Brazil forms CBDC working group

Digital currency

The Central Bank of Brazil has created a working group on creating a central bank-issued digital currency (CBDC), it announced on August 20.

The working group will also assess how the introduction of a CBDC could enhance the benefits offered by the instant payments platform Pix, which the central bank is launching in November.

“This new form of currency can bring about substantial changes to the national financial system,” the central bank says. “In this way, the study will compare the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: