🇧🇷 The Drex pilot, Brazil's central bank digital currency (CBDC), is hitting roadblocks as development slows due to reduced resources. Major players like Microsoft and EY are scaling back their involvement in privacy solutions, leaving the project at a standstill. None of the privacy proposals have met the central bank's stringent requirements. Central Bank Secretary Rogerio Lucca mentioned that the team is still evaluating the project's future, but no updates have been shared since February. What are your thoughts on the challenges facing Drex? Let us know! 💬