Do you know what CBDC is? Listen as Yana discusses what has happened recently in the CBDC space, what the powers that be have determined, and whether cash would still be distributed. Yana speaks about the issues the CBDC and international authorities have with distributing digital money, the need for some kind of stable coin that will allow people to pay and get paid instantly, and what it would mean for FinTech. Yana has great insight into this issue, so listen to her discussion on this episode of Compliance That Makes Sense.

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Today’s episode:

• [00:34] Hello, my friends, and welcome back!
• [01:28] Listen as Yana shares what has happened recently in CBDC.
• [03:50] Yana speaks about the issues governments had getting money to people during the pandemic.
• [05:55] Central Banks and other international authorities don’t like cash payments because they’re a heavy operation to manage.
• [07:05] Yana shares its biggest issue with giving people digital money.
• [10:11] Yana explains what this means for FinTech.
• [13:16] Yana believes that regulatory attention to stable coins will grow, and she will expand on it in a different episode.
• [13:53] Thank you for listening!

Show links:

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