Brazilian central bank will make Pix open source

Pix

The Central Bank of Brazil will make the communications protocols behind its Pix payment system open source, governor Roberto Campos Neto said on November 11.

Speaking to the CFA Society, Campos Neto said the central bank would make the protocols public this month, “so that all central banks that wish to can copy [them], for free”.

In his talk, Campos Neto also said the central bank wanted to encourage banks to hold digital assets. This would avoid too many being held by a few crypto exchanges

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 info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

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: