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Buying Bitcoin 'will quickly vanish' when CBDCs launch — Arthur Hayes By Cointelegraph

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Introduction() holders looking to avoid Central Bank Digital Currencies (CBDCs) may have gained a surprise ally ...

() holders looking to avoid Central Bank Digital Currencies (CBDCs) may have HSBC HSBC foreign exchange securities dealergained a surprise ally — banks.

In his latest blog post, “,” Arthur Hayes, ex-CEO of crypto derivatives platform BitMEX, argued that banks may limit the impact of the CBDC “horror story.”

Buying Bitcoin 'will quickly vanish' when CBDCs launch — Arthur Hayes By Cointelegraph

CBDC summary chart. Source: Arthur Hayes/ Medium

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