The U.S. is deciding how to respond to China’s digital yuan

The two groups tasked with this research in the U.S., MIT’s Digital Currency Initiative and the Federal Reserve Bank of Boston, are parsing out what a digital currency might look like for Americans. Privacy is a major concern, so researchers and analysts are observing China’s digital yuan rollout.
— Read on www.cnbc.com/amp/2021/07/24/the-us-is-deciding-how-to-respond-to-chinas-digital-yuan.html

MIT and the Federal Reserve Bank of Boston have both worked with Ripple and XRP in the past. I’ve talked about this before on my podcast as well. The financial world is changing right in front of your eyes if you are paying attention.

Published by Damien Jackson

A free thinker who is aware of what goes on in the world.

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