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The digital renminbi may overthrow the U.S. dollar
- Coinbase CEO stated that China’s digital currency poses a threat to the US reserve currency
- He said in a meeting with Fed Chairman Paul Ryan
Coinbase CEO Brian Armstrong met with Fed Chairman and former House Speaker Paul Ryan to talk about digital currencies.
According to Jerome Powell’s conference calendar, he met some big names. Most of the discussion revolved around the U.S. Central Bank Digital Currency (CBDC). And countries that are already leading.
Please note that there is a lot of discussion about the US CBDC. In May, the Federal Reserve Chairman held several meetings with members of the crypto and blockchain industry.
In addition, many people attended meetings about CBDC. This includes Chris Giancarl of the Digital Dollar Project…
This article was first published on coinquora.com
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