No menu items!

Brazil: Pix hinders success of payments with cryptocurrencies, says Central Bank advisor

RIO DE JANEIRO, BRAZIL - Bitcoin (BTC) has grown as a means of payment and has even been adopted as the official currency of El Salvador, but, in the assessment of the Brazilian Central Bank (BC), it should not have the same success in Brazil - at least not as a means of exchange.

According to Fábio Araújo, coordinator of the Central Bank's work on digital currency, the use of cryptocurrencies for payments in . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?

Check out our other content