Coin Gabbar Token

<h2 id="header-0">Brazil Unveils Drex: Official Name for Central Bank Digital Currency</h2><p>Brazil&#39;s central bank digital currency (<strong><a href="https://www.coingabbar.com/en/crypto-currency-news/desantis-will-ban-cbdc-if-he-elected-as-us-president" rel="noopener noreferrer nofollow">CBDC</a></strong>) now has an official name: Drex. The Central Bank of Brazil unveiled the brand, which stands for &#34;Real Digital Electronic X.&#34; The logo features evolving arrows, symbolizing the transition from fiat currency to digital, with blue to light green colors indicating transaction completion. Concerns arise as a developer found code allowing fund freezes, while an economist sees potential to prevent bank runs. In a similar move, the Central Bank of Russia introduced the digital ruble&#39;s visual identity with a circular ruble symbol in multiple color combinations.</p>

Brazil Launches Drex: New Central Bank Digital Currency Brand

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