HSBC CEO: “digital currencies of the Central Bank will develop the economies of countries”
Noel Quinn, CEO of HSBC, which manages $ 3 trillion in assets, called the digital currencies of the Central Bank “a new form of money.” Quinn published an article in which he stated that government stablecoins can be considered legal tender as they are backed by central banks and governments. This proves their transparency and stability, and also avoids many of the risks inherent in private stablecoins and public cryptocurrencies, says Quinn. He sees many…
