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#CBDCs

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The executive order noted that #CBDCs "threaten the stability of the financial system" and also calls into question negative effects on "individual #privacy," thus the issuance, establishment, and use of CBDCs within the U.S. is prohibited.
ibtimes.com/trumps-digital-ass

International Business Times · President Trump Signs Executive Order On CryptocurrencyBy Marvie Basilan

🏦 Even central banks are losing faith in #CBDCs | @financialtimes

"governments and central banks would have to agree on who to license as authorised CBDC dealers. Regulators would have to oversee their dealings, ensuring that their inventories of the relevant CBDCs were adequate. Central banks would have to stand ready to act as liquidity providers of last resort. All this would require the equivalent of the Basel Committee on Banking Supervision, but on steroids"

archive.is/2024.11.26-201126/h