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Analysis-Trump’s digital dollar ban gives China and Europe’s CBDCs free rein

Summary by WTVB
By Marc Jones LONDON (Reuters) – Donald Trump’s rapid move to ban a “digital dollar” has left the field wide open, observers say, for China and Europe to make their already-advanced central bank digital currency (CBDC) prototypes into global standard-setters. While the United States has long seemed reluctant to turn the world’s number one reserve currency digital, the fact that it is now the only country to impose a presidential ban on such an a…
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