SBI President: Global digital currency popularization or elimination of the current central bank-managed financial system

Nishio Yoshio, president of SBI Holdings, said on October 30 that the central bank's digital currency is being developed. With the spread of global digital currency, the financial system managed by the current central bank may be eliminated. The central banks of the world have begun to study in the direction of financial policy instruments. China is trying to use the new central bank digital currency as a trading currency while impacting the dollar's core currency status.