US Risks Losing Digital Finance Edge: Coinbase Warns of China CBDC Advantage
Coinbase warns US risks losing its digital finance edge to China as stablecoin regulations and CBDC competition intensify. Coinbase has raised alarms that the United States may lose its dominant position in the digital finance space. According to Faryar Shirzad, Coinbase’s Chief Policy Officer, China’s rapid progress with its digital yuan could undermine U.S. efforts....
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