RATE Group | Cryptocurrency News Today – Headlines for December 20
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Cryptocurrency News Today – Headlines for December 20

21 Dec Cryptocurrency News Today – Headlines for December 20

Posted at 00:15h in Cryptocurrency News by

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  • Cryptocurrency is predicted to replace fiat and become the main means of exchange
  • China is well-positioned to become the front runner should the world embrace crypto as the means of exchange instead of fiat
  • Crypto classification must be defined if this view will hold any weight

Cryptocurrency News Today – The Deutsche Bank unveiled a recent study tagged “Imagine 2030.” This fresh research boldly fixes a date regarding when the “fiat–cryptocurrency social consensus flip” will occur. The study also cited China as one of the nations that have recognized the trend.

The current landscape shows the foundation of what the future would look like. The crypto classification issued by the Deutsche Bank includes CBDCs (central bank digital currencies), which must be acknowledged as results are discussed. The analysts who conducted the research have a positive outlook that the moves toward centralized crypto solutions will inevitably replace fiat.

While this is an interesting concept, it…

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