Cryptocurrency Q&A
Will us have a CBDC?
Will us have a CBDC?
FireFlyer
Wed Jul 31 2024
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7
answers
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Could you elaborate on the likelihood of a Central Bank Digital Currency (CBDC) being introduced in our country? Given the global trend towards digitalization and the increasing adoption of cryptocurrencies, how does our central bank view the potential benefits and risks associated with issuing a CBDC? Are there any ongoing discussions or pilot projects within the central bank that suggest a CBDC may be in the NEAR future? What are the main factors that would influence the decision to introduce a CBDC, and how would it impact the traditional banking system and the general public?
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