In Response to Bitcoin, Central Bank of Brazil Presents Instant Payment System Pix

In Response to Bitcoin, Central Bank of Brazil Presents Instant Payment System PixBanco Central do Brasil has started testing a new payment network with the promise to offer Brazilians near instant transactions and many new services. Portrayed as a response to Bitcoin, the Pix system will be mandatory for major financial institutions to ensure wide coverage. The project aims to limit the use of paper money and […]

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