Central Bank of Brazil Introduces DREX Currency

The Central Bank of Brazil has announced the official name for its digital currency – DREX.<br />

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South Korea: Central Bank Publishes Book on CBDC Legal Considerations

South Korea’s plans for its experimental central bank digital currency (CBDC) project also includes efforts to contribute to the expanding body of knowledge dedicated to sovereign digital currencies. Meanwhile, with…

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China’s central bank lays regulatory foundation for CBDC

The new draft law legitimizes digital yuan and may criminalize the issuance of yuan-backed stablecoins by third parties

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