ING bank chief economist says central bank digital currency is inevitable

posted 9 months ago
Banking giant ING's financial experts predict that central bank digital currencies will be launching within the next five years.

Speaking about usage of the central bank digital currency, ING bank's chief economist said “The main advantages are first within the wholesale arena of financial markets. We see that the existing financial infrastructure is outdated. It’s expensive, it takes a lot of time, compliance is difficult.”
Tags: opinion, blockchain