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October 29, 2020
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Business Featured Politics

Central Bank Digital Currencies: the Road to the New World Economy

Konstantin Anissimov, executive director at CEX.IO, shared his opinion on the prospects of the development of state digital currencies.Q2 2020 hedge fund letters, conferences and moreWith the rising demand in digital payments, central bank digital currencies (CBDCs) have become a hot topic in the financial industry.Based on some form of distributed ledger technology, CBDC is digital cash issued and controlled by a government’s central bank.While they are expected to function similarly to cryptocurrencies, CBDCs will feature centralized networks where the state has increased control over the us…

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