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The Digital Currency Control Grid_ Assessing CBDC Impacts
Published 5 days, 12 hours ago
Description
Let's dive into the fascinating world of Central Bank Digital Currencies, or CBDCs, and explore what they mean for our financial future. In recent years, countries around the globe have stepped up their efforts to investigate or even pilot these digital currencies, marking a significant shift in how we think about money.
Take China, for instance. Its digital yuan, known as e-CNY, is arguably the most advanced CBDC, reaching impressive transaction volumes nearing $1 trillion across 17 provinces by mid-2024. This rapid growth not only showcases China’s ambition but also raises questions about the broader implications of such extensive digital currency use.
Now, let's talk about the United States. In early 2025, President Trump signed Executive Order 14178, directly addressing the CBDC conversation. This important order prohibits the establishment of a CBDC while calling for a federal regulatory framework for digital assets. It seems the U.S. is seeking to take a more cautious approach, navigating the digital landscape with steps aimed at protecting its economic sovereignty.
Become a supporter of this podcast: https://www.spreaker.com/podcast/conspiracy-theories-exploring-the-unseen--5194379/support.
Take China, for instance. Its digital yuan, known as e-CNY, is arguably the most advanced CBDC, reaching impressive transaction volumes nearing $1 trillion across 17 provinces by mid-2024. This rapid growth not only showcases China’s ambition but also raises questions about the broader implications of such extensive digital currency use.
Now, let's talk about the United States. In early 2025, President Trump signed Executive Order 14178, directly addressing the CBDC conversation. This important order prohibits the establishment of a CBDC while calling for a federal regulatory framework for digital assets. It seems the U.S. is seeking to take a more cautious approach, navigating the digital landscape with steps aimed at protecting its economic sovereignty.
Become a supporter of this podcast: https://www.spreaker.com/podcast/conspiracy-theories-exploring-the-unseen--5194379/support.