) system comprising a wholesale interbank system and a retail e-wallet system, the international financial institution explained in a press release this week.
The latter is unique in the study of CBDC to date. Privacy, safety and flexibility are core to the system. The developers believe that the system of CBDC-backed stablecoins can be used by monetary authorities when they try to work out the regulatory approaches in regard to private sector stablecoins, “especially while seeking to design methods to verify the backing of the stablecoins, a highly topical matter.” Just like with its fiat currency, three of Hong Kong’s financial institutions will be authorized to issue state-backed digital coins.
I'd still use tether over any cbdc. It's just a surveilance tool
I suggest that all countries will consider the same actions soon. Usage of cryptos has only positive results.
Why you not taalking about this!
Why you not taalking about this!
Hong Kong joined the crypto army! Nice one, let’s keep it going 😜⚡️🌎
🔥
Many people right now have given all of their money back to the market because they made a few good trade from the bullish market earlier and they thought they could do more. I see more assets being liquidated To join my future channel and make money.
Why you not taalking about this!
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Wen ICO?
Ok, I only listen to ChiefraFba for signals!
I wonder how it will be implemented
Stablecoins are always a good idea. That’s why I hold USDT
I think we’ll see USDT there pretty soon.
I guess we’ll see USDT adoption there.
That’s great news
The Adoption Apocalypse is happening 🔥
Why you not talking about this!
Why you not talking about this?!
Why you not talking about this!
Why you not talking about this!
yea!
Ok cool, I have recently started using ChiefraFba for signals, his accuracy is INSANE!
Ok, I only listen to ChiefraFba for signals!