Read the success stories of crypto entrepreneurs.

Discussions are fun when we are part of a community.
Login Free Registration

Get 10 AltcoinN Points just by registering on this forums.
EXMO affiliate program


Central Bank Digital Currencies are a Risk to Dollar Dominance: JPMorgan Report

SourceBlog
#1
According to JP Morgan Chase & Co., if the idea of central bank digital currencies (CBDC) gains traction, the US can risk losing its geopolitical power.

“There is no country with more to lose from the disruptive potential of digital currency than the United States,” wrote analysts including Josh Younger, head of U.S. interest-rate derivatives strategy and Michael Feroli, chief U.S. economist in a report.

“THIS REVOLVES PRIMARILY AROUND U.S. DOLLAR HEGEMONY. ISSUING THE GLOBAL RESERVE CURRENCY AND THE MEDIUM OF EXCHANGE FOR INTERNATIONAL TRADE IN COMMODITIES, GOODS, AND SERVICES CONVEYS IMMENSE ADVANTAGES.”

https://t.me/CryptoMarketTime
Reply