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Brazil’s Finance Minister Claims CBDC Will Bring ‘Transparency,’ Ease Financial Transactions

September 30, 2025
in Bitcoin
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Brazil’s Finance Minister Claims CBDC Will Bring ‘Transparency,’ Ease Financial Transactions
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Fernando Haddad, Brazil’s finance minister, said the objective of Drex, the country’s CBDC, is to increase transparency of flows and facilitate financial transactions. Haddad denied that the government would seek to exert control or monitor payments using the tool. Brazil’s CBDC Does Not Seek Control, Finance Minister States Fernando Haddad, Brazil’s finance minister, shared his […]
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