âđš Global CBDC Alert: US Rejects Digital Dollar as China Pushes e-CNY đš
The News:
US Treasury Secretary states the United States will not develop a central bank digital currency (CBDC), marking a major policy shift.
The Contrast:
This decision comes as China aggressively advances its digital yuan (e-CNY), one of the world's most developed CBDCs.
Why It Matters for Crypto:
The US stepping back could reduce near-term regulatory pressure on private cryptocurrencies and stablecoins, highlighting a key geopolitical divide in the future of digital money.
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