According to CNBC, Ashok Venkateswaran, Head of Blockchain and Digital Assets for Asia Pacific at Mastercard, expressed skepticism about widespread commercialization of central bank digital currencies (CBDCs). 🏦 Venkateswaran highlighted the challenge of making CBDCs as versatile as cash, emphasizing the time and effort required to build the necessary infrastructure. He noted that given the convenience of cash, the demand for CBDCs might be relatively low. #BitcoinWorld