Czech National Bank Director: Central Bank Digital currency can be an "exchange currency" Central bank digital currencies are not currently offered.

2020-7-24 17:23
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According to CoinDesk, Thomas Holub, CEO of the Czech National Bank, said giving money directly to users through a digital bank account is a nice idea, like a helicopter. However, this does not address other issues with CBDCs, such as whether digital benefits are anonymous, whether financial protection standards can be applied to anonymous, and whether that money is of interest. He also said that, according to European legal standards, the Czech Ministry of Justice could not allow a central bank to provide digital income to its residents. Money in circulation in the Czech Republic today is bigger and more stable, and digital advantages do not need to be provided to solve financial problems. However, central bank digital currencies are still viable in the future.

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