Fintech Expert: With the continuous improvement of CBDC, the design space for other tokens will become narrower.

06月
15
2021-6-15 06:10
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According to the Beijing Business Daily, financial technology expert Su Xiaorui predicts that compliance in the financial cycle will be shifted to the ground or outward, resulting in mining costs and a profitable industry. However, judging from the Bitcoin "attack" by many authorities, the virtual currency hype is not in line with fundamentals and could pose a significant risk to its investment as well. As the digital renminbi project continues, the development of digital currencies will become more focused and the growth space for other “tokens” and “virtual currencies” will become narrower. .

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International Settlement Banks: Some central banks are open to tourists who use CBDCs in their area.
According to CoinDesk, the Financial Institutions for Global Confederation (BIS) released a research report on June 15 regarding the cross-border use of digital currency banking (CBDC), which is around 50 banks on average. The International Settlement Bank did not disclose which banks responded to the survey, but said 18 banks were in developed countries and 32 in emerging countries. The Bank for International Settlements said about two-thirds of companies have already performed CBDC tests and pilots. “Some central banks allow tourists and other non-residents to use the CBDC in their policy,” the Bank for International Settlements said. Or even if it's not all financial. means of payment. "
2021-6-15 06:00

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