BC will have digital currency pilot project next month, says Campos Neto

[ad_1]

President of the Brazilian monetary entity highlighted the intention to launch the new financial asset by the end of next year. Former executive of the financial market, Campos Neto is president of the BC and his mandate ends at the end of 2024 Reuters via BBC The president of the Central Bank of Brazil, Roberto Campos Neto, said this Monday (27) that the autarchy will launch the pilot project for its digital currency next month and that the idea is to have “something working” by the end of 2024. “Next month we will already have a digital currency pilot, Brazil will be one of the first countries to to do that. We move forward with the pilot as we gain security”, said Campos Neto at the IDP Summit event. READ ALSO: Cryptocurrencies: what the bankruptcy of one of the largest companies in the world says about the future of the sector He added, in his lecture, that the great gain of digital currency in relation to Pix is ​​that payments are now made through a digital contract “The receiving entity ceases to be a person and becomes a digital contract, this represents a great improvement, in several aspects”, he stated. Cryptocurrency goes far beyond just being a digital currency

[ad_2]

Source link