Aug 29 - Maintaining privacy and increasing understanding of blockchain technology are primary issues to solve before Brazil's central bank digital currency is ready for widespread use, the central bank's coordinator of the project said on Tuesday.
"We need to ensure that the privacy is compatible with the law," he told the Reuters Global Markets Forum. He noted the digital real was unlikely to see the same rapid integration as Pix, the BCB's digital payments system, but the bank would work with other branches of the government to increase consumer financial education.
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