CBDC is a tool to combat Bitcoin, says Bank of Indonesia exec By Cointelegraph

Nov 30, 2021


© Reuters.

Central financial institution digital currencies (CBDC), digital variations of nationwide currencies launched in response to rising cryptocurrency adoption, could be a necessary software for combating crypto, in response to the Financial institution of Indonesia.

The central financial institution of Indonesia is contemplating launching a digital rupiah to “battle” towards cryptocurrencies like (BTC), Financial institution of Indonesia’s assistant governor Juda Agung mentioned at a current parliamentary assembly.