Privacy, market maturity hurdles facing Brazil's CBDC rollout -cenbank official
Brazil's central bank aims to address privacy concerns and increase understanding of blockchain technology before launching its central bank digital currency (CBDC), named DREX, in May 2024.
![](https://www.reuters.com/resizer/5Ls75ySD6JoRC0HiK_kAyo0q7ls=/1200x628/smart/filters:quality(80)/cloudfront-us-east-2.images.arcpublishing.com/reuters/72OTGC6KKZLV7PIJZIDPH5UKYQ.jpg)