Roberto Campos Neto – DIGIT INFO

Brazilian Digital Real Passes Public Blockchain Pilot Test With Flying Colors

DIGIT — Mon, 27 Feb 2023 12:30:53 +0000

A tokenized version of the digital real, the Brazilian central bank digital currency (CBDC), has passed a public blockchain pilot test successfully. The test, which was carried out by Mercado Bitcoin, a local exchange, using the Stellar network, shows that the digital real token can be used in public blockchains following all compliance rules set […]

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Central Bank of Brazil President States Digital Real Pilot Is Imminent

DIGIT — Fri, 17 Feb 2023 07:19:59 +0000

The president of the Central Bank of Brazil, Roberto Campos Neto, has clarified the status of the development of the Brazilian central bank digital currency (CBDC), the digital real. Campos Neto stated that the pilot test will start now and that banks will have to digitize more of their balances in the future. Pilot Tests […]

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Central Bank of Brazil to Test Security and Transaction Privacy Levels of the Digital Real

DIGIT — Fri, 10 Feb 2023 07:30:46 +0000

The Central Bank of Brazil will focus its first digital real tests on determining the levels of privacy and security that can be achieved with the proposed central bank digital currency (CBDC) infrastructure. The tests will be conducted later this year and will set up a simplified operation to transact with a still-to-be-determined tokenized asset. […]

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Brazil Could Launch Its Defi-Integrated Digital Real in 2024

DIGIT — Sat, 17 Dec 2022 04:30:16 +0000

Roberto Campos Neto, president of the Central Bank of Brazil, has stated that the digital real project, the Brazilian central bank digital currency (CBDC) could be launched in 2024. Campos Neto also remarked on the benefits the digital currency system might bring as it is integrated with traditional finance structures and decentralized finance (defi) institutions. […]

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President of Bank of Brazil Shows ‘Open Finance’ Digital Real Concept Featuring Stablecoin Integration and Payments Functionality

DIGIT — Tue, 29 Nov 2022 12:30:16 +0000

Roberto Campos Neto, president of the Bank of Brazil, explained the role that the Brazilian central bank digital currency (CBDC), the digital real, might play in the future of personal finance. At an event, Neto explained the concept of “open finance,” showing a “super app” that featured PIX (a payments network) functionality, and also integration […]

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President of Central Bank of Brazil Disagrees With ‘Heavy Hand’ Regulations for Cryptocurrencies

DIGIT — Mon, 15 Aug 2022 14:00:16 +0000

The president of the Central Bank of Brazil, Roberto Campos Neto, has defended the use of more moderate regulations in the crypto environment. Campos Neto stated that while regulation is indeed necessary, it has to be done in a way that doesn’t stop innovation. He also explained his goal is to connect the digital with […]

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Digital Real Will Be Used by Banks in Brazil as Collateral to Issue Their Own Stablecoins

DIGIT — Tue, 07 Jun 2022 21:30:52 +0000

The Brazilian central bank digital currency (CBDC), the digital real, will be more of a wholesale asset instead of a public retail-focused token, according to statements from the president of the Central Bank of Brazil, Roberto Campos Neto. Campos Neto indicated that private banks in the country will be able to issue their own stablecoins […]

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Central Bank of Brazil Confirms It Will Run a Pilot Test for Its CBDC This Year

DIGIT — Sun, 17 Apr 2022 04:30:54 +0000

The Central Bank of Brazil has confirmed that the institution will run a pilot test regarding the implementation of its proposed central bank digital currency (CBDC), the digital real. Roberto Campos Neto, president of the bank, also stated that this new test will include a fixed supply of the mentioned token, and detailed this pilot […]

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Brazilian Crypto Exchange Wins Legal Battle Over Closed Bank Account

DIGIT — Sun, 10 Feb 2019 02:40:21 +0000

A court in Rio de Janeiro has ruled in favor of Brazilian crypto exchange Mercado Bitcoin in a case over the closure of one of its checking accounts. The judicial instance turned down an appeal filed by Banco Sicoob against a decision by the district court in Barra da Tijuca which granted the exchange the […]

The post Brazilian Crypto Exchange Wins Legal Battle Over Closed Bank Account appeared first on Bitcoin News.

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