Friday, June 9, 2023

Cross border payments, the crypto solution

By DAC000 , in CBDC Cryptocurrency , at April 12, 2021 Tags: ,

Coindesk details the role of government in the problem. About a two minute read.

Comment: I guess I’m typical of the Fintech crowd. Used to send money to family and friends via wire transfers, then PayPal and now via Transferwise (or the equivalent, they’re not the only game in that space). Crypto, of course, transfers with a latency of effectively zero. SO a Central Bank Digital Currency (CBDC) would clearly add benefits. Gotta wonder why The West isn’t prioritising.