European Central Bank Governing Council member, Jens Weidmann claims that CBDC adoption does not mean the traditional fiat system is going to be an “endangered species”. According to a Bloomberg report, he asserted that the digital wave does not pose a threat to the traditional banking system and institutions should not demand additional protection instead The post ECB’s Governing Council Member argues that CBDCs and traditional Fiat can go hand-in-hand appeared first on Coingape.