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Weekly Recap: Central Bank Suspends Lift Lab, Delays Digital Real (Drex) Pilot

Author
Aaron Stanley
Published
Sat 26 Aug 2023
Episode Link
https://podcasters.spotify.com/pod/show/aaron-stanley8/episodes/Weekly-Recap-Central-Bank-Suspends-Lift-Lab--Delays-Digital-Real-Drex-Pilot-e28iche

On this edition of the BCR Weekly Recap, AWS and co-host Antonio Neto look at the week's big stories, including:



  • the Brazilian Central Bank's surprise announcements that it will suspend its Lift Lab accelerator program and delay the first phase of its Digital Real (Drex) pilot by three months

  • Binance's launch of Binance Pay in Brazil and cancelation of its debit card partnership with Mastercard

  • The CPI committee on financial pyramids' relentless pursuit of celebrities and influencers that promoted cryptocurrency pyramid schemes

  • BTG Pactual is launching a new prime custody service targeted at institutions

  • Lula renews his push for a de-dollarized world by pushing a single BRICS currency

  • A data breach at FTX, adding insult to injury to former clients


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