006 - Central Bank Digital Currency: Good or Bad?

<p><span style="font-weight: 400;">Do you know what</span> <a href= "https://en.wikipedia.org/wiki/Central_bank_digital_currency"><span style="font-weight: 400;"> CBDC</span></a> <span style="font-weight: 400;">is? Listen as Yana discusses what has happened recently in the CBDC space, what the powers that be have determined, and whether cash would still be distributed. Yana speaks about the issues the CBDC and international authorities have with distributing digital money, the need for some kind of stable coin that will allow people to pay and get paid instantly, and what it would mean for FinTech. Yana has great insight into this issue, so listen to her discussion on this episode of</span> <a href= "https://directory.libsyn.com/shows/view/id/compliancethatmakessense"> <span style="font-weight: 400;">Compliance That Makes Sense</span></a><span style="font-weight: 400;">.</span></p> <p><span style="font-weight: 400;">If you enjoy this episode, please share it with friends, leave comments and reviews, and join the conversation. </span></p> <p><strong>Today's episode:</strong></p> <ul> <li><span style="font-weight: 400;">[00:34] Hello, my friends, and welcome back!</span></li> <li><span style="font-weight: 400;">[01:28] Listen as Yana shares what has happened recently in CBDC.</span></li> <li><span style="font-weight: 400;">[03:50] Yana speaks about the issues governments had getting money to people during the pandemic.</span></li> <li><span style="font-weight: 400;">[05:55] Central Banks and other international authorities don't like cash payments because they're a heavy operation to manage.</span></li> <li><span style="font-weight: 400;">[07:05] Yana shares its biggest issue with giving people digital money.</span></li> <li><span style="font-weight: 400;">[10:11] Yana explains what this means for FinTech.</span></li> <li><span style="font-weight: 400;">[13:16] Yana believes that regulatory attention to stable coins will grow, and she will expand on it in a different episode.</span></li> <li><span style="font-weigh