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Central Bank Digital Currencies are a Risk to Dollar Dominance: JPMorgan Report

by CBDC Insider Staff
May 25, 2020
in Business, US
Reading Time: 1min read
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Central Bank Digital Currencies are a Risk to Dollar Dominance: JPMorgan Report
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According to JP Morgan Chase & Co., if the idea of central bank digital currencies (CBDC) gains traction, the US can risk losing its geopolitical power.
“There is no country with more to lose from the disruptive potential of digital currency than the United States,” wrote analysts including Josh Younger, head of U.S. interest-rate derivatives strategy and Michael Feroli, chief U.S. economist in a report.

Continue read: https://bitcoinexchangeguide.com/central-bank-digital-currencies-are-a-risk-to-dollar-dominance-jpmorgan-report/

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