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Brazil: Central Bank advocates actions for orderly “tokenization” of the economy

By Larissa Garcia

A Central Bank (BC) study released yesterday shows that the transition to a digital economy, in which tokens play a predominant role, has been accelerating.

"In this context, through the digital real initiative, the Central Bank has been approaching this new environment, which presents great potentials and challenges," says the document, which is part of the Banking Economy Report (REB), to be published in full on June 6.

The Central Bank highlighted that it is necessary to "outline the course of actions" so that this transition occurs in the "most orderly way possible" and without compromising financial . . .

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