Biden’s Former Advisor Talks About Bitcoin and CBDCs!

Bitcoin (BTC) And cryptocurrencies The increase in its popularity has mobilized the countries.

Some countries BTC and while choosing to accept and regulate crypto, some countries have also turned to central bank digital currency, which is seen as an alternative to crypto.

One of the developing countries of Bitcoin and crypto USAOn the one hand, while the crypto money regulation studies are continuing, digital US dollar studies are being carried out on the other hand.

In this context, some US senior executives defend crypto, while others defend the digital dollar.

one of them Daleep Singh, former adviser to US President Joe Biden it happened.

Speaking at Tuesday’s hearing of the US Senate Banking Committee, Biden’s former adviser Daleep Singh said: CBDCHe said that the digital dollar could outrank cryptocurrencies.

Claiming that cryptocurrencies facilitate ransomware attacks and contribute to violations of US sanctions, Daleep Singh stated that against it, a digital US dollar would protect the country’s national security.

“I think that the US government’s adoption of a CBDC is the best step it can take to protect its national interests.

Because the digital dollar will eliminate the cryptocurrency ecosystem that facilitates ransomware attacks.”

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