While some crypto investors are concerned that the development of CBDCs by various central banks could negatively affect the industry by competing against Bitcoin (BTC), Ether (ETH) and other privately issued tokens, the CEO of one of the worlds largest crypto exchanges does not view CBDCs as a threat to the digital asset sector. Binance CEO Changpeng CZ Zhao expressed this view as he spoke on the role of CBDC in the crypto industry at the Web Summit in Lisbon on November 2, according to Cointelegraph. In fact, the Binance CEO believes that CBDC adoption would help validate blockchain...
source: https://tokenpost.com/Crypto-is-not-threatened-by-CBDCs-says-CZ-9810
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