CBDC may threaten stablecoins, not Bitcoin: ARK36 exec - BitcoinEthereumNews.com
Bitcoinसीबीडीसी बिटकॉइन को नहीं, बल्कि स्थिर शेयरों को खतरा दे सकता है: ARK36 निष्पादन06 / 25 / 2022बिटकॉइन एथेरियम समाचार Central bank digital currencies (CBDCs) do not pose any direct threat to cryptocurrencies like Bitcoin (बीटीसी) but are still associated with risks in relation to stablecoins, one industry executive believes. According to Mikkel Morch, executive director at the digital asset hedge fund ARK36, a state-backed digital currency like the U.S. dollar doesnt necessarily have to be a competitor to a private or a decentralized cryptocurrency. Thats because the use cases and value proposition of the decentralized digital assets “often go beyond the realm of simple transactions,” Morch said in a statement to Cointelegraph on Thursday. The exec referred to Federal Reserve Chair Jerome Powell who earlier this year संकेत दिया that the United States government would not stop a “well regulated, privately issued stablecoin” from coexisting with a potential Fed digital dollar. As such, active commitment to the CBDC development does not mean that other countries like Singapore are unfriendly to non-state-backed cryptocurrencies, Morch said. The executive suggested that a CBDC roll-out may even “facilitate the proliferation of non-sovereign cryptocurrencies and blockchain technologies.” However, the concept of a CBDC is still associated with some risks in