Digital Dollar CBDC Could Leave Crypto Lagging, Says Ex-Biden Advisor By DailyCoin
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The potential of Central Bank Digital Currencies (CBDC) is yet to be fully realized, even with countries like China and the UK moving to implement digital versions of their currencies. However, from discussions in the Senate, there is a belief that a U.S. digital dollar CBDC could change the face of the current crypto space.
Niche and Irrelevant?
Daleep Singh â a former adviser for international economics in the Biden administration â spoke about a âDigital Dollarâ at the Senate Banking Committee hearing on Tuesday, February 28. Singh believes implementing a U.S CBDC âwould crowd out the ecosystem of crypto.â
Singh’s use of the term âcrowd outâ indicates that the U.S Digital Dollar would have the gravitas and adoption to make the current crypto ecosystem, including , niche and irrelevant…
Continue Reading on DailyCoin
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The potential of Central Bank Digital Currencies (CBDC) is yet to be fully realized, even with countries like China and the UK moving to implement digital versions of their currencies. However, from discussions in the Senate, there is a belief that a U.S. digital dollar CBDC could change the face of the current crypto space.
Niche and Irrelevant?
Daleep Singh â a former adviser for international economics in the Biden administration â spoke about a âDigital Dollarâ at the Senate Banking Committee hearing on Tuesday, February 28. Singh believes implementing a U.S CBDC âwould crowd out the ecosystem of crypto.â
Singh’s use of the term âcrowd outâ indicates that the U.S Digital Dollar would have the gravitas and adoption to make the current crypto ecosystem, including , niche and irrelevant…
Continue Reading on DailyCoin