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BINANCE CEO SUPPORTS CBDC CONCEPT According to Changpeng Zhao, CEO of Binance crypto exchange, national digital currencies (CBDC) will make a great contribution to the development of the global economy. The cryptocurrency industry will benefit from the emergence of an innovative tool, however, central banks issuing their tokens should not be allowed to isolate the financial sector of the government from the outside world. Changpeng Zhao expressed his point of view in the Binance blog and noted that isolation would harm both individual state-owned enterprises that issued CBDC and the global crypto economy. In the future, exchanges will be able to integrate CBDC, but this process will be gradual. The concept of national digital currencies will accelerate the introduction of innovative tools into traditional payment systems. Tokens can be used to pay for goods and services in the domestic and even foreign markets. According to the CEO of Binance, central banks issuing their tokens will also initiate educational programs for citizens to learn about blockchain and digital currencies. Improving literacy will be one of the fundamental consequences of implementing CBDC projects. #btc #bitcoin #blockchain #ethereum #eth #cryptocurrency #business #binance #bitcoin #exchange

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