TechFlow news, June 12 — According to News.Bitcoin, the Central Bank of Brazil announced that its central bank digital currency (CBDC) project Drex will enter the third pilot phase in the second half of 2025, focusing on developing asset tokenization and credit functions. Executive Secretary of the Central Bank, Rogerio Antonio Lucca, stated that the new phase will build a platform enabling customers to present their asset information to banks, promoting financial inclusion and addressing low credit accessibility. The system aims to establish an on-chain, open, shared financial ecosystem to streamline the credit allocation process. Currently, the Drex project still faces technical challenges such as insufficient privacy solutions, and no official launch date has been announced.
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