The largest bank in Brazil, Itaú Unibanco, submitted a proposal for decentralized finance (DeFi) liquidity pool that the central bank of the country chose to advance via its innovation lab. According to a Central Bank release in Portuguese, the proposed project will be a “platform that, through blockchain and smart contracts, allows custody, currency exchange, […]The post The Central Bank of Brazil selects Itaú’s DeFi proposal among new innovative projects appeared first on Blockchain, Crypto and Stock News.