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EXCLUSIVE INTERVIEW WITH DR. RALF WINTERGERST GROUP CEO …

EXCLUSIVE INTERVIEW WITH DR. RALF WINTERGERST GROUP CEO OF INTERNATIONAL TECHNOLOGY GROUP GIESECKE+DEVRIENT

  1. Digital central bank currencies dominated the news in 2021. Why is there such a surge of interest in this field?

Digital currencies are indeed gaining momentum in interest and popularity with the recent figures showing 9 out of ten central banks currently engaged in studies or pilot schemes for the development of CBDCs. Actually, there has been a dramatic shift within a year – from questions whether a country will, to which countries won’t be exploring a CBDC. At the core this development is a reaction to the rising amount of crypto-assets. Almost all central banks worldwide have recognized that crypto assets are fundamentally flawed and not suitable as a payment option because they are volatile and not legally backed. At the same time our lives become more and more digital. So, we need a digital form of public currency that fits the needs of the consumer for easy and fast payments – this is CBDC.

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