Currently there is no description available for Christopher Giancarlo.
“There are a number of reasons why central banks around the world are looking seriously at CBDC [central bank digital currency], including data capture and economic privacy, financial system modernisation, financial inclusion, precision in execution of government benefits and monetary policy. Geopolitical concerns, competition of stablecoins [like Diem] with bank payment systems and leadership in setting standards for global digital currency interoperability [are motivating the US in researching solutions for minting digital money]. The private sector has been exploring the opportunities of digital assets like Bitcoin for over a decade and now the public sector is trying to catch up.”
12 Jul 2021
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