cryptonews: With the Davos World Economic Forum in full swing, central bank digital currencies received a chorus of support from the business, banking and government leaders. 🧐 CBDCs Are Dividing Opinion 👇
With the Davos World Economic Forum in full swing, central bank digital currencies received a chorus of support from the business, banking and government leaders.Meanwhile, the Eurogroup of EU finance ministers put out a seven-point document enumerating the features a digital euro would need to succeed — and Ukraine's deputy prime minister said he wants to be the "first test user" of an e-hryvnia by taking his salary in it.
"We have to be very clear what problem we are trying to solve here before we get carried away by the technology and the idea."In a report, Bank of America analyst Akesh Shah called CBDCs the future of money and payments — warning that countries that don't adopt digital currencies "risk irrelevance over the longer term."
Meanwhile, Deloitte's global tax leader, blockchain and cryptocurrency, Rob Massey, said that smart contract-capable programmable money like CBDCs and stablecoins are "absolutely where we're going."While the EU hasn't made a decision on whether to launch a digital euro yet, momentum does seem to be growing.
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