Are there any concerns or challenges that may delay the CBDC launch?

3 answers

• Jan 12, 2022 · 3 years ago
  One potential concern that may delay the launch of CBDCs is the need for regulatory clarity. Governments and central banks need to establish clear guidelines and regulations to ensure the stability and security of CBDCs. Without proper regulations in place, there may be hesitancy to launch CBDCs due to concerns about potential risks and vulnerabilities.
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• Jan 12, 2022 · 3 years ago
  Another challenge that could delay the CBDC launch is technological infrastructure. Developing and implementing a secure and efficient digital currency system requires robust technology and infrastructure. If the necessary infrastructure is not in place, it may take longer to launch CBDCs as governments and central banks work to build the required systems.
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• Jan 12, 2022 · 3 years ago
  As a third-party observer, BYDFi believes that one of the concerns that may delay the CBDC launch is the potential impact on the existing financial system. CBDCs have the potential to disrupt traditional banking systems and financial intermediaries. Governments and central banks may need to carefully consider the implications and potential consequences before launching CBDCs.
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