Brazil’s Central Bank to introduce virtual currency in 2024
Published on: Tuesday 08 August 2023
Drex distinguishes itself from cryptocurrencies. It will maintain a fixed value equivalent to the Brazilian real. Every 1 real will correspond to 1 Drex.
News source: https://agenciabrasil.ebc.com.br/en/economia/noticia/2023-08/brazils-central-bank-introduce-virtual-currency-2024
