The Brazilian central bank has begun studying the implications of issuing its own digital currency (CBDC). CoinDesk, citing a press release from the central bank.
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The regulator has formed an interagency group of 12 specialists that will study the economic and social risks and benefits of issuing a CBDC.
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In addition, the group will develop an indicative model for the issuance of the central bank’s digital currency.
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The central bank noted that a CBDC could \”improve the current model of commercial transactions between people and even between countries\”.
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The final report will be prepared by the specialists 180 days after the start of work.
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According to analysts’ data, in early summer Brazil was among the leaders in public interest in Bitcoin.
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