It’s now or never — The US has to prepare itself for digital currency By Cointelegraph
[ad_1]
It’s now or never — The US has to prepare itself for digital currencyWelcome to the world of central bank digital currency, or CBDC, where big countries like China and small countries like the Bahamas are trying to mark their presence. It’s a world where 86% of the world’s central banks are trying to create digital currencies. A majority of the central banks are already working on it, with almost 60% already implementing a pilot program.
Related: Did CBDCs affect the crypto space in 2020, and what’s next in 2021? Experts answer
Lyle Solomon is a principal attorney for the Oak View Law Group in California, where he specializes in consumer bankruptcy. Solomon’s extensive experience in litigation has led to several articles on financial wellness.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.
[ad_2]