Olga Goncharova, a former Binance executive, critiques global CBDC projects as expensive copies of current fiat currencies, lacking significant advances or mass adoption. Projects like the digital yuan in China, despite being prominent, face adoption hurdles.
The EU’s digital euro aims for financial autonomy but encounters challenges regarding bank acceptance. Meanwhile, Russia’s digital ruble rollout is delayed, focused on enhancing internal transactions rather than competing with foreign systems. The trajectory of ongoing digital currency projects remains uncertain.
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