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18 January 2021

Standard Chartered CEO: Digital Currency Adoption ‘Absolutely Inevitable’ - Decrypt

Standard Chartered CEO: Digital Currency Adoption ‘Absolutely Inevitable’ - Decrypt


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Bill Winters, the CEO of the large financial institution, said that he thinks that there is “absolutely a role for central bank digital currencies as well as non-central bank-sponsored digital currencies,”reported CNBC

This means that Winters thinks that governments’ own crypto could coexist with private alternatives, like Tether, or with open-source cryptocurrencies, such as Bitcoin. 

“But in order to make this happen, we know that there are some fundamental cultural shifts in our organizations that are critical,” he said.

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