PANews reported on August 9th that Brazil's central bank digital currency (CBDC), Drex, will abandon most tokenization and blockchain technology, with a planned launch date of 2026, according to News.bitcoin,PANews reported on August 9th that Brazil's central bank digital currency (CBDC), Drex, will abandon most tokenization and blockchain technology, with a planned launch date of 2026, according to News.bitcoin,
Brazil's central bank digital currency, Drex, will forgo blockchain technology for a 2026 launch.
PANews reported on August 9th that Brazil's central bank digital currency (CBDC), Drex, will abandon most tokenization and blockchain technology, with a planned launch date of 2026, according to News.bitcoin, citing local media reports. Fabio Araujo, the central bank's Drex project coordinator, confirmed the change and stated that the new plan will be implemented in two phases: the first phase will not include decentralized elements and is expected to launch next year; the second phase will continue to implement and refine blockchain technology.
Due to the lack of programmability in the underlying architecture, implementing a centralized Drex means that many use cases tested during the two phases of the pilot will not be possible. Furthermore, it is unclear whether the project will be able to continue using Hyperledger Besu, an open-source, Ethereum-compatible blockchain platform solution that was selected as the development platform for Drex back in 2023.
Market Opportunity
Lorenzo Protocol Price(BANK)
$0.04233
$0.04233$0.04233
USD
Lorenzo Protocol (BANK) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Japan’s Rate Hike Puts Bitcoin on Edge
Japan's rate hike ends ultra-loose policies, impacting Bitcoin prices and global markets.
Share
CoinLive2025/12/22 07:43
How to earn from cloud mining: IeByte’s upgraded auto-cloud mining platform unlocks genuine passive earnings
The post How to earn from cloud mining: IeByte’s upgraded auto-cloud mining platform unlocks genuine passive earnings appeared on BitcoinEthereumNews.com. contributor Posted: September 17, 2025 As digital assets continue to reshape global finance, cloud mining has become one of the most effective ways for investors to generate stable passive income. Addressing the growing demand for simplicity, security, and profitability, IeByte has officially upgraded its fully automated cloud mining platform, empowering both beginners and experienced investors to earn Bitcoin, Dogecoin, and other mainstream cryptocurrencies without the need for hardware or technical expertise. Why cloud mining in 2025? Traditional crypto mining requires expensive hardware, high electricity costs, and constant maintenance. In 2025, with blockchain networks becoming more competitive, these barriers have grown even higher. Cloud mining solves this by allowing users to lease professional mining power remotely, eliminating the upfront costs and complexity. IeByte stands at the forefront of this transformation, offering investors a transparent and seamless path to daily earnings. IeByte’s upgraded auto-cloud mining platform With its latest upgrade, IeByte introduces: Full Automation: Mining contracts can be activated in just one click, with all processes handled by IeByte’s servers. Enhanced Security: Bank-grade encryption, cold wallets, and real-time monitoring protect every transaction. Scalable Options: From starter packages to high-level investment contracts, investors can choose the plan that matches their goals. Global Reach: Already trusted by users in over 100 countries. Mining contracts for 2025 IeByte offers a wide range of contracts tailored for every investor level. From entry-level plans with daily returns to premium high-yield packages, the platform ensures maximum accessibility. Contract Type Duration Price Daily Reward Total Earnings (Principal + Profit) Starter Contract 1 Day $200 $6 $200 + $6 + $10 bonus Bronze Basic Contract 2 Days $500 $13.5 $500 + $27 Bronze Basic Contract 3 Days $1,200 $36 $1,200 + $108 Silver Advanced Contract 1 Day $5,000 $175 $5,000 + $175 Silver Advanced Contract 2 Days $8,000 $320 $8,000 + $640 Silver…
Share
BitcoinEthereumNews2025/09/17 23:48
Stablecoins Get A Break? US Lawmakers Propose Tax Relief
Lawmakers in the US have put forward a discussion draft that would ease tax reporting for small stablecoin payments and let some crypto earners delay taxes on staking
Share
Bitcoinist2025/12/22 07:00