A hearing of the Joint Economic Committee that was held in the United States, talked about the role a central bank digital currency, or CBDC for short and how it can improve the payment system for the country. Tim Massad who was a former chair of the Commodity Futures Trading Commission, referred to the current payment system as “slow” and “expensive”. Although he stated that stablecoins has its own type of issues, it is undeniable that CBDC has the potential to improve the financial services in the country.
Blockchain and gaming, a new way forward
Blockchain and gaming, a new way forward
Blockchain and gaming, a new way forward
A hearing of the Joint Economic Committee that was held in the United States, talked about the role a central bank digital currency, or CBDC for short and how it can improve the payment system for the country. Tim Massad who was a former chair of the Commodity Futures Trading Commission, referred to the current payment system as “slow” and “expensive”. Although he stated that stablecoins has its own type of issues, it is undeniable that CBDC has the potential to improve the financial services in the country.