While the CEO of Binance said that some CBDCs could pose a threat to Bitcoin, he also emphasized that there was no such expectation in the short term. Saying that digital central bank coins will be much more restrictive than Bitcoin in the initial phase, Zhao reminded that they will be largely under state control. Talking on this matter, Binance CEO Changpeng Zhao noted that he believes the rise of CBDCs could be a threat to Bitcoin if a more advanced version of it was developed. In an interview with Jeff Roberts, senior writer for media publisher Fortune , Zhao was asked about his views regarding the People’s Bank of China’s digital yuan initiative and how it would affect the crypto industry as a ... Binance is the world’s leading blockchain and cryptocurrency infrastructure provider with a financial … Press J to jump to the feed. Press question mark to learn the rest of the keyboard shortcuts. Log In Sign Up. User account menu. 1. Changpeng Zhao says CBDCs may become threat to Bitcoin. General. Close. 1. Posted by 3 hours ago. Changpeng Zhao says CBDCs may become threat to Bitcoin ... Changpeng Zhao, the enigmatic chief executive officer of Binance, believes a central bank digital currency that’s designed well enough could become a threat to the leading cryptocurrency Bitcoin. In a video interview with Fortune senior writer Jeff Roberts, Binance CEO was asked how the People’s Bank of China’s digital yuan initiative would affect the crypto industry. CZ responded that ... Binance CEO Changpeng Zhao (CZ) recently predicted that a well-designed CBDC could “become a threat” for the first-ever cryptocurrency. He highlighted that most such currencies will be very centralized and won’t provide the same freedom as Bitcoin. Binance cryptocurrency exchange - We operate the worlds biggest bitcoin exchange and altcoin crypto exchange in the world by volume Binance’s CEO: Central bank-issued digital currencies may pose a threat to bitcoin. In an interview with Fortune, Binance CEO Changpeng Zhao talks about central bank-issued digital currencies and the threat they pose to bitcoin. Teodor Stig-Matz, 2020-10-22, 12:02. News Sie ist einer der wichtigsten Kryptomarktplätze weltweit. Jetzt muss die Börse Binance den Verlust von 7000 Bitcoins eingestehen. Die Guthaben der Nutzer sollen sicher sein - Folgen hat der Hack ... Binance claims that JP Morgan's crypto asset, JPM Coin, doesn't pose an immediate threat to either SWIFT or the XRP Ledger and Ripple.
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