Brazil: Amendment to the Regulation of the Drex Pilot Project
Progress
Current status
in force
10 Oct 2024 in force
27 Apr 2023 adopted
Scope
Implementers
Brazil
Policy Area
Authorisation, registration and licensing
Policy Instrument
Authorisation of goods or services
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
infrastructure provider: other
Government Branch
executive
Government Body
central bank
Implementation Level
national
Timeline of events
Implemented Order amending the Central Bank Regulation of the Drex Pilot Project
On 10 October 2024, the Central Bank of Brazil adopted an order amending the regulation of the Executive Management Committee (CEG) of the Drex Pilot Project through Resolution BCB No. 423/2024. The amendment, effective immediately upon its publicat…
SourceEvent type
order
Action type
implementation
Government branch
executive
Government body
central bank
Adopted Central Bank Regulation for the Real Digital Platform Pilot Project
On 27 April 2023, the Central Bank of Brazil adopted the regulation establishing a digital platform pilot project (Piloto RD), as outlined in Resolution BCB No. 315. The regulation establishes the rules and procedures for the pilot project's functio…
SourceEvent type
order
Action type
adoption
Government branch
executive
Government body
central bank