Roberto Campos Neto, governor of Brazil's central bank, said that Brazil passed new cryptocurrency regulations last year and created the instant payment system PIX, which has become the most popular payment system in Brazil with more than 170 million transactions a day on the PIX network this month. When it comes to the new PIX features, he said the platform is programmable, supporting automated payments, program payments, etc., adding that Brazil's credit card environment will change a lot in the next three to four years because of programmability. Campos Neto said CBDCs could ultimately speed up international transactions and increase efficiency without the need for a common currency. Roberto Campos Neto said that the Brazilian digital real "Drex" is issued through deposits, which is not only simpler and cheaper, but also inherits the "deposit regulation" rules that have been put in place and can make banks more efficient. Roberto said Drex not only facilitates payments, but also improves the contracting and registration processes used in transactions such as international real estate purchases. （The Block）

According to Carlos Thadeude Freitas, former director of BC and former chief economist of the National Chamber of Commerce (CNC) in Rio de Janeiro, Brazil, Brazil is leading the way in the design of digital currencies. He is optimistic about the agency's new initiatives. Brazil is a little ahead, he said, because not every country has a Drex, and not every country has a Pix.

According to Global TMT reports on October 7, an early-stage startup backed by the private office of billionaire entrepreneur Bill Gates has recently launched a chatbot Pix that can provide users with targeted information on books, movies, Personalized recommendations for TV shows and podcasts. The chatbot uses OpenAI's natural language processing technology and will learn the user's preferences over time. The service will be free to users.

PANews reported on September 14 that according to CoinDesk, Ramp Network, a startup that connects cryptocurrency and traditional financial payment infrastructure, added the Brazilian Central Bank’s Pix system as a payment method. This integration will enable Ramp to provide Brazilian users with a The fast and easy way to buy cryptocurrency. Ramp opened a local entity in the country in July as it looks to expand more broadly across Latin America.

Odaily Planet Daily reported that crypto payment company Ramp has integrated with Brazilian digital payment platform Pix. Ramp said in a statement: “Ramp now offers faster, cheaper and more convenient payment options to all Brazilian residents looking to purchase cryptocurrencies, while enabling its partners to access the Brazilian domestic market and purchase from the country’s widest range of Benefit from the payment method you use." The statement also added that more than 70% of citizens across the country use Pix. (The Block)

Golden Finance reported that cryptocurrency payment company Ramp has integrated with Brazilian digital payment platform Pix. The move aims to make it easier for Brazilian users to purchase cryptocurrencies while paving the way for Ramp’s partners to seamlessly “mine” consumers in South America’s largest economy.

Jinse Finance reported that the Central Bank of Brazil announced on August 7 local time the official name of the country’s first digital currency, “Drex”. Currently, Brazil's mainstream online instant payment system "Pix" (Pix) is associated with this digital currency. The central bank expects that the digital currency will be officially opened to the public by the end of 2024.

Jinse Finance reported that according to the announcement issued by the Central Bank of Brazil on Monday, DREX will become the official name of Brazil's new Central Bank Digital Currency (CBDC), also known as the digital real. The name was revealed during a live stream on the central bank’s YouTube channel, hosted by Fábio Araújo, digital reality coordinator, and Aristides Cavalcante, the central bank’s deputy head of technology and information. According to Araújo, DREX combines several innovative elements: D for digital, R for real, E for electronic, and X for transactional, to take another step forward in the Pix series we created and succeed.