Fed's Real Plans On CBDC Launch | TOP DeFi Projects of tomorrow’s Global Financial System
Fed's Real Plans On CBDC Launch | TOP DeFi Projects of tomorrow’s Global Financial System To Invest In
00:00 Introduction to Central Bank Digital Currencies (CBDCs)
00:11 SWIFT's Pathway to Interconnecting Global CBDCs
01:11 The U.S. Federal Reserve's Cautious CBDC Approach
05:03 The FED's "Outsourced" Path to CBDC Development
09:38 TOP DeFi Projects that will profit from CBDC
10:05 Investment Implications and Opportunities
Which Financial Blockchain Protocols To Invest In, In Order To Profit From CBDC
If you want to understand which financial blockchain protocols to invest in, in order to profit from the global roll out of Central Bank Digital Currencies, then this video is for you!
Central Bank Digital Currencies are coming and they are going to launch much sooner than anyone would have expected, and this thanks to the Society for Worldwide Interbank Financial Telecommunication, also known as swift.
Today, close to 90% of the world’s central banks are exploring releasing digital versions of their currencies – parallel we are seeing growing popularity of cryptocurrencies such as Bitcoin, Ethereum and Solana. https://www.atlanticcouncil.org/cbdct...
The fact that Bitcoin has recently surpassed its all-time valuation record of US$69,000 will make it easier for central banks across the globe to implement the CBDC
While many leading central banks don’t want to loose their role in their domestic region and be left behind by blockchain-based payment technologies such as DEFI Protocols or web3 infrastructure providers, there are specific complexities, such as interoperability for all central banks bringing CBDCs to market.
Perhaps One of the biggest issues remaining is how a global standard will be defined, with CBDCs set to roll out in markets across the globe, from the US to Japan.
Once these domestic CBDC issues have been overcome, SWIFT plans to be ready, up and running sort of speak, to integrate independent CBDCs from all global central banks into a wider ecosystem…. The interoperable banking infrastructure needed to connect them all, will finally be delivered by SWIFT.
The US federal Reserve, cautious as they are doesnt want to give the American people the feeling that the CBDC is just around the corner.
JP last month, March 2024 claimed that the FED hasn't come to any conclusion to propose legislation that would authorize a digital dollar. In fact he stated; We are just a long, long way from that….
He did say that the FED is researching the pros and cons regarding the CBDC as it is required from the FED as they serve the people…… He acknowledged that the issue of CBDC has been the front burner for the past 5 to 6 years. He goes on to say that they do have people trying to understand things, but its wrong to say we’re working on a cbdc.
CRYPTO NEVER SLEEPS aka Bitcoin Channel.Live delivers the news, from the Traditional Markets and Convert them into Crypto News.. From Traditional to Digital, we take Mainstream News and convert them into Crypto News
Subscribe to our channel:
cryptonever..
Subscribe to CRYPTO NEVER SLEEPS :
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*** THIS IS NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OUR OPINION! I OR ANY OF THE CRYPTO NEVER SLEEPS TEAM MEMBERS ARE FINANCIAL EXPERTS! WE DO NOT GUARANTEE A PARTICULAR OUTCOME, FURTHERMORE WE HAVE NO INSIDE KNOWLEDGE! WE STRONGLY ADVICE THAT YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST OUR POINT OF VIEW! THE CRYPTO NEVER SLEEPS CHANNEL IS ONLY TRYING TO EXPLAIN HOW TRADITIONAL NEWS HAS AN IMPACT ON CRYPTO NEWS.
This is NOT an offer to buy or sell securities.
Investing and trading in cryptocurrencies is very risky, very volatile... PLEASE DON'T USE MARGIN OR LEVERAGE!!!!
This information is what was found publicly on the internet. All information is meant for public awareness and is public.
#CBDC #CentralBankDigitalCurrency #cryptocurrency #defi #blockchain #FED #compound #synthetix
00:00 Introduction to Central Bank Digital Currencies (CBDCs)
00:11 SWIFT's Pathway to Interconnecting Global CBDCs
01:11 The U.S. Federal Reserve's Cautious CBDC Approach
05:03 The FED's "Outsourced" Path to CBDC Development
09:38 TOP DeFi Projects that will profit from CBDC
10:05 Investment Implications and Opportunities
Which Financial Blockchain Protocols To Invest In, In Order To Profit From CBDC
If you want to understand which financial blockchain protocols to invest in, in order to profit from the global roll out of Central Bank Digital Currencies, then this video is for you!
Central Bank Digital Currencies are coming and they are going to launch much sooner than anyone would have expected, and this thanks to the Society for Worldwide Interbank Financial Telecommunication, also known as swift.
Today, close to 90% of the world’s central banks are exploring releasing digital versions of their currencies – parallel we are seeing growing popularity of cryptocurrencies such as Bitcoin, Ethereum and Solana. https://www.atlanticcouncil.org/cbdct...
The fact that Bitcoin has recently surpassed its all-time valuation record of US$69,000 will make it easier for central banks across the globe to implement the CBDC
While many leading central banks don’t want to loose their role in their domestic region and be left behind by blockchain-based payment technologies such as DEFI Protocols or web3 infrastructure providers, there are specific complexities, such as interoperability for all central banks bringing CBDCs to market.
Perhaps One of the biggest issues remaining is how a global standard will be defined, with CBDCs set to roll out in markets across the globe, from the US to Japan.
Once these domestic CBDC issues have been overcome, SWIFT plans to be ready, up and running sort of speak, to integrate independent CBDCs from all global central banks into a wider ecosystem…. The interoperable banking infrastructure needed to connect them all, will finally be delivered by SWIFT.
The US federal Reserve, cautious as they are doesnt want to give the American people the feeling that the CBDC is just around the corner.
JP last month, March 2024 claimed that the FED hasn't come to any conclusion to propose legislation that would authorize a digital dollar. In fact he stated; We are just a long, long way from that….
He did say that the FED is researching the pros and cons regarding the CBDC as it is required from the FED as they serve the people…… He acknowledged that the issue of CBDC has been the front burner for the past 5 to 6 years. He goes on to say that they do have people trying to understand things, but its wrong to say we’re working on a cbdc.
CRYPTO NEVER SLEEPS aka Bitcoin Channel.Live delivers the news, from the Traditional Markets and Convert them into Crypto News.. From Traditional to Digital, we take Mainstream News and convert them into Crypto News
Subscribe to our channel:
cryptonever..
Subscribe to CRYPTO NEVER SLEEPS :
On Telegram :
Channel - https://t.me/CNSOfficial
Chat - https://t.me/CNSCommunity
On Instagram - Instagram: crypto_neve..
Our Twitter - Twitter: CNSOfficial__
In Facebook - Facebook: BitcoinChann..
On Reddit - Reddit: BitcoinChann..
On TIKTOK - TikTok: cnsofficial_
*** THIS IS NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OUR OPINION! I OR ANY OF THE CRYPTO NEVER SLEEPS TEAM MEMBERS ARE FINANCIAL EXPERTS! WE DO NOT GUARANTEE A PARTICULAR OUTCOME, FURTHERMORE WE HAVE NO INSIDE KNOWLEDGE! WE STRONGLY ADVICE THAT YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST OUR POINT OF VIEW! THE CRYPTO NEVER SLEEPS CHANNEL IS ONLY TRYING TO EXPLAIN HOW TRADITIONAL NEWS HAS AN IMPACT ON CRYPTO NEWS.
This is NOT an offer to buy or sell securities.
Investing and trading in cryptocurrencies is very risky, very volatile... PLEASE DON'T USE MARGIN OR LEVERAGE!!!!
This information is what was found publicly on the internet. All information is meant for public awareness and is public.
#CBDC #CentralBankDigitalCurrency #cryptocurrency #defi #blockchain #FED #compound #synthetix
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