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Why the Biden Administration Is Increasingly Concerned with China’s Digital Currency

Why the Biden Administration Is Increasingly Concerned with China’s Digital Currency

FromThe Breakdown


Why the Biden Administration Is Increasingly Concerned with China’s Digital Currency

FromThe Breakdown

ratings:
Length:
14 minutes
Released:
Apr 16, 2021
Format:
Podcast episode

Description

On today’s “The Breakdown,” NLW looks at an underreported story from earlier this week. There are increasingly loud whispers that officials across several agencies, including Treasury, National Security and Defense, are growing concerned with China’s digital currency efforts.  NLW looks at: Why CBDCs are about power, not digital efficiency  Why Facebook’s libra was the starting gun China’s possible objectives  Why the U.S. tone on a digital dollar is changing  How Gary Gensler as SEC Chair could portend a broader attitude shift for the U.S. vis a vis digital currencies  -- Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Get started at nexo.io -- Enjoying this content?   SUBSCRIBE to the Podcast Apple:  https://podcasts.apple.com/podcast/id1438693620?at=1000lSDb Spotify: https://open.spotify.com/show/538vuul1PuorUDwgkC8JWF?si=ddSvD-HST2e_E7wgxcjtfQ Google: https://podcasts.google.com/feed/aHR0cHM6Ly9ubHdjcnlwdG8ubGlic3luLmNvbS9yc3M=   Follow on Twitter: NLW: https://twitter.com/nlw Breakdown: https://twitter.com/BreakdownNLW   The Breakdown is produced and distributed by CoinDesk.com  
Released:
Apr 16, 2021
Format:
Podcast episode

Titles in the series (100)

A daily analysis of macroeconomics, bitcoin, geopolitics and big picture power shifts, hosted by Nathaniel Whittemore @nlw. The Breakdown is part of The Breakdown Network.