BRAZIL'S CENTRAL BANK KICKS OFF DREX DIGITAL CURRENCY PILOT

Brazil’s Central Bank just announced they’re accepting applications for the Drex digital currency pilot from October 14 to November 29.

With 13 sick use cases approved—think government loans and real estate—this phase is all about ramping up participation.

But some players are still figuring out privacy issues to keep those transactions under wraps.

Brazil’s jumping into the CBDC scene alongside 134 other countries exploring digital currencies.

Source: CryptoNews