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Europe’s Vision On Central Bank Digital Currency Offers Cautionary Lessons For Cryptocurrency

Europe’s Vision On Central Bank Digital Currency Offers Cautionary Lessons For Cryptocurrency

As discussion is sparked about the inclusion of the “digital dollar” in Congress to help more effectively deliver on rounds of direct stimulus to the American people as a response to the COVID-19 pandemic, it can be helpful to look at similar instances of thinking central bank digital currencies and what they might portend for cryptocurrencies.