In order to modernize the country’s financial system, the apex bank of Brazil has commenced pilot testing for the digital version of the country’s currency, otherwise known as the Central Bank Digital Currency.

The period of development and testing will last till February 2024, after which the evaluation stage will commence.

In the pilot phase, only a handful of businesses will participate.

According to Brazilian Central Bank project coordinator Fabio Araujo, the testing phase will involve real-world transactions with the sale and purchase of federal bonds.

Also, the CBDC will be a blockchain-based payment system that will encourage retail transactions in the country.

It is necessary that you benefit from our ParadiseFamilyVIP discount code before it expires, use PRO20% for your 20% discount now; you will get the information and education from the Paradise Team to make you stand out amid other crypto trader, we make daily analyses of Bitcoin, Ethereum, and other trending altcoins on Binance (Spot&Futures), Kucoin, and Bybit exchanges, make necessary adjustments on our positions to conform with the recent market situation. 

With us, you will get the right psychology of trading to survive any market conditions. Click here to see reviews from our clients.

Join our telegram channels where we share our FREE updates and analysis on coins like BTC, ETH, and other trending altcoins. We also share our FREE secret insights. And also FREE market updates.

•  My Binance Paradise – https://t.me/MCP_binance
•  My KuCoin Paradise – https://t.me/MCP_KuCoin