Central-bank digital currencies have been a big part of the industry now for over a year. Many governments all over the world are looking into the potential of developing their own CBDC projects with China looking to be the 1st to launch its own digital yuan.
Speaking on the topic of CBDCs, the co-founder of Ethereum, Vitalik Buterin believes that they will easily convert into cryptocurrencies sometime in the future.
Buterin took part in the Singapore fintech festival earlier this week on the 9th of December where he said that he expects a lot of ways to exchange CBDC projects into digital assets such as bitcoin.
Read more: https://cryptodaily.co.uk/2020/12/vitalik-buterin-discusses-cbdc-projects-believing-that-one-day