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Brazil's Central Bank Unveils Roadmap for CBDC Rollout and Tokenized Asset Assessment

Brazil's Central Bank, Banco Central do Brasil (BCB), has released a roadmap for the launch of its CBDC and will also explore the possibility of tokenized assets. The BCB will host monthly webinars until November to discuss CBDC rollout and the results of its digital real pilot, with participation from fintech experts and BCB partners.

Working groups will also meet to discuss tokenization and CBDC-related matters, including the legal framework and regulatory amendments. The BCB aims to launch its digital fiat in 2024 and differentiate it from others by focusing on aiding domestic startups in the financial services sector.

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