Thursday, February 10, 2022
“According to a Bank of International Settlements (BIS) 2021 survey, 86% of the 65 central banks surveyed are exploring a central bank digital currency (CBDC), with 14% moving towards pilot development.”
– Assa Raza –
For many, cryptocurrency is one of those “future” issues that’s not yet not worth understanding today. China, however, has been moving aggressively into digital currency, which has very real economic and geopolitical implications in the here and now. For example, we have all grown very accustomed to the dollar underpinning the entire global financial system. Yet a not-too distant future where that remains the case is far from assured and, should that scenario manifest, your organization WILL be impacted. To learn more about what this all might mean, Click here for the article The Rise of a Sovereign Digital Currency in China.
Stay safe. Stay healthy. Be strong. Lead well.