Binance CEO sees no threat to crypto from central banks’ digital currencies

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By Sergio Goncalves and Catarina Demony LISBON (Reuters) – Plans by central banks to launch digital currencies are not a threat to other cryptocurrencies as they would validate blockchain technology and build trust among sceptics, the CEO of the world’s largest crypto exchange, Binance, said on Wednesday. Most major central banks, including the U.S. Federal Reserve, the Bank of England and the European Central Bank, are studying the potential launch of a digital version of their currencies, dubbed CBDC. “Is it (CBDC) a threat to Binance or other crypto-currencies? I don’t think so. I very much…

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