Originally published at: https://www.channel-sea.cc/russia-sanctions-could-push-other-countries-to-develop-their-cbdcs-cryptoslate/
Banking executive Hiromi Yamaoka believes that the conflict in Ukraine could influence central bank digital currencies (CBDCs) policy globally. The former head of payments and settlements department at the Bank of Japan sees countries such as China exploring CBDCs to counter the dominance of US dollars. China, others could explore CBDC to counter US Dollar…