Central Banks can launch CBDCs within a day & policy framework for digital assets in India

https://www.youtube.com/watch?v=YU4GmkA1CUA&feature=youtu.be

CBDCs and Central Banks 

Speaking about CBDC’s, DeWitt suggested that if the Central Banks wanted, they could launch CBDCs within a day without the help of blockchain. However, they haven’t taken that step in order to protect the market of commercial banks. He said,

“The reason that they’ll hesitate to do that though, is because that is going to substantially cut into the market, the share of the commercial banks and, you know, these value-added innovative services that the commercial banks can offer that a central bank can’t.”