In early June, the press service of the Central Bank of Brazil said that digital real could appear in approximately two or three years.
The authorities of the country will not rush to launch a national token (CBDC), as they need additional time to assess the long-term potential of the instrument and analyze the consequences of its implementation in the domestic market.
In November, information about the start of trials of the digital version of the Brazilian real began to spread in the media and social networks.
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Allegedly, the Central Bank is collaborating with the Lithosphere platform, which participates in the CBDC project. Representatives of this company confirmed that Lithosphere is indeed negotiating a partnership with the regulator.
However, this week The Block, citing the press center of the Central Bank, reported that the regulator does not conduct any tests of the token and does not plan to do so. The information on this account, disseminated on the Internet, was called fake by the Brazilian authorities.
The Central Bank stressed that the CBDC project does exist, however, no specific dates for the start of testing or integration of the token into the banking sector of the state have yet been disclosed.