The challenges of Real Digital from the perspective of Legal Analysis of Economic Policy
Central Bank Digital Currencies, Legal Analysis of Economic Policy, Economic Law, Decentralized Finance, Financial Institutions, Payment Systems, Real Digital.
The objective of this research is to point out, from the perspective of the Legal Analysis of Economic Policy, what would be the legal-institutional design that the Real Digital should have to better promote the structuring of the material basis for the effectiveness of subjective rights, as well as what transformations would more appropriately serve the purpose of promoting the increase in economic equity, with a view to discussing positions on the creation of a Central Bank Digital Currency (CBDC) in Brazil, in the way the Central Bank of Brazil presented the policy, critically evaluating the option on the legal-institutional formatting of a CBDC in Brazil. It is concluded that, considering the legal and political desiderata relating to the need to promote the equitable effectiveness of the subjective rights of all individuals, the guidelines stipulated by the Central Bank of Brazil are not sufficient to make the conduct of monetary policies. In this sense, so that the issuance of digital currency can promote greater economic equity, recommendations were presented to the Real Digital Pilot Project