Description

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…

Scope

Policy Area
Authorisation, registration and licensing
Policy Instrument
Authorisation of goods or services
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies), infrastructure provider: other
Implementation Level
national
Government Branch
executive
Government Body
central bank

Complete timeline of this policy change

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2023-04-27
adopted

On 27 April 2023, the Central Bank of Brazil adopted the regulation establishing a digital platform…

2024-10-10
in force

On 10 October 2024, the Central Bank of Brazil adopted an order amending the regulation of the Exec…