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Why the Biden Administration Is Increasingly Concerned with China’s Digital Currency

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Manage episode 290096317 series 2637334
Content provided by Nathaniel Whittemore. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Nathaniel Whittemore or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

On today’s “The Breakdown,” NLW looks at an underreported story from earlier this week. There are increasingly loud whispers that officials across several agencies, including Treasury, National Security and Defense, are growing concerned with China’s digital currency efforts.

NLW looks at:

  • Why CBDCs are about power, not digital efficiency
  • Why Facebook’s libra was the starting gun
  • China’s possible objectives
  • Why the U.S. tone on a digital dollar is changing
  • How Gary Gensler as SEC Chair could portend a broader attitude shift for the U.S. vis a vis digital currencies
-- Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Get started at nexo.io -- Enjoying this content? SUBSCRIBE to the Podcast Apple: https://podcasts.apple.com/podcast/id1438693620?at=1000lSDb Spotify: https://open.spotify.com/show/538vuul1PuorUDwgkC8JWF?si=ddSvD-HST2e_E7wgxcjtfQ Google: https://podcasts.google.com/feed/aHR0cHM6Ly9ubHdjcnlwdG8ubGlic3luLmNvbS9yc3M= Follow on Twitter: NLW: https://twitter.com/nlw Breakdown: https://twitter.com/BreakdownNLW The Breakdown is produced and distributed by CoinDesk.com

  continue reading

1566 episodes

Artwork
iconShare
 
Manage episode 290096317 series 2637334
Content provided by Nathaniel Whittemore. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Nathaniel Whittemore or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

On today’s “The Breakdown,” NLW looks at an underreported story from earlier this week. There are increasingly loud whispers that officials across several agencies, including Treasury, National Security and Defense, are growing concerned with China’s digital currency efforts.

NLW looks at:

  • Why CBDCs are about power, not digital efficiency
  • Why Facebook’s libra was the starting gun
  • China’s possible objectives
  • Why the U.S. tone on a digital dollar is changing
  • How Gary Gensler as SEC Chair could portend a broader attitude shift for the U.S. vis a vis digital currencies
-- Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Get started at nexo.io -- Enjoying this content? SUBSCRIBE to the Podcast Apple: https://podcasts.apple.com/podcast/id1438693620?at=1000lSDb Spotify: https://open.spotify.com/show/538vuul1PuorUDwgkC8JWF?si=ddSvD-HST2e_E7wgxcjtfQ Google: https://podcasts.google.com/feed/aHR0cHM6Ly9ubHdjcnlwdG8ubGlic3luLmNvbS9yc3M= Follow on Twitter: NLW: https://twitter.com/nlw Breakdown: https://twitter.com/BreakdownNLW The Breakdown is produced and distributed by CoinDesk.com

  continue reading

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