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The Future of CBDCs and Government Tracking Concerns
Former chairman of the Commodity Futures Trading Commission, Chris John Carlo, explains the concept of Central Bank Digital Currency (CBDC) and discusses its potential benefits and challenges. The chapter also explores the concern of government tracking with digital currencies and emphasizes the importance of the United States leading with its values in the development of digital currencies. Additionally, the potential impact of a Bitcoin ETF being greenlighted by the SEC and the regulatory actions in the cryptocurrency space are discussed.
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