Vol. 42 No. 1, December 2025

INTRODUCTION

NYDIA REMOLINA, ALESSIO AZZUTTI, VIRGINIA TORRIE & FRANCISCO JOSÉ CIANCETTA, “Welcome to the BFLR’s 7th Annual Issue!” / ix

LEAD ARTICLE

RUTH PLATO-SHINAR & LIBBY MAMAN, “Public Attitudes Towards CBDC and the Role of Trust in the Central Bank” / 1

ARTICLE

GABRIEL SCHVARTZMAN COHEN and PAULO SAIA CEREDA, “Fostering Competition Through Regulation: An Analysis of Brazilian Payments Law” / 37

FRANCISCO JOSÉ CIANCETTA, “The Digital Euro as a Governance Tool: Institutional Implications for the European Central Bank” / 73

RECENT DEVELOPMENT ARTICLES

ROLF W. WEBER & RAINER BAISCH, Regulatory Guardrails for “Stablecoins” / 111

MARCUS PAULUS DE OLIVEIRA ROSA & GUILHERME CENTENARO HELLWIG, “The Brazilian Wholesale CBDC Pilot Project and Its Multi-Asset DREX Platform: On-Chain Centralization as a Regulatory Strategy for Governing Decentralized Environments” / 147

BOOK REVIEWS

CHRISTIAN CHAMORRO-COURTLAND, The Cambridge Handbook of Private Law and Artificial Intelligence / 169

BENJAMIN GEVA, Beyond Banks: Technology, Regulation, and the Future of Money / 175