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Binance CEO warns of CBDC drawbacks as digital dollar pilots proceed in US

Binance CEO warns of CBDC drawbacks as digital dollar pilots proceed in US | COSS Exchange

Binance CEO warns of CBDC drawbacks as digital dollar pilots proceed in USCryptocurrencies like Bitcoin (BTC) and Ether (ETH) will co-exist "for a while" with more restrictive digital currencies like China’s digital yuan, Binance CEO Changpeng Zhao said in a interview on Monday.According to Zhao, some of the key features of cryptocurrencies like Bitcoin (BTC) — freedom of use and limited supply — won’t be offered by central bank digital currencies. "At the end of the day, those are core properties that users care about," he stated.

 

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