RATE Group | New Bitcoin Rival to Be Launched by Fed Reserve After Pompliano Says US Dollar Must Be T…
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New Bitcoin Rival to Be Launched by Fed Reserve After Pompliano Says US Dollar Must Be T…

06 Oct New Bitcoin Rival to Be Launched by Fed Reserve After Pompliano Says US Dollar Must Be T…

Posted at 07:40h in Bitcoin News by

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Contents

  • ‘US dollar must be tokenized’
  • Libra is at the head of this chain

As reported by Reuters, the president of Philadelphia Fed Reserve, Patrick Harker, stated that Fed Reserve, as well as central banks of other countries, are going to launch their digital currencies in the near future.

It’s ‘inevitable’ as he put it.

‘US dollar must be tokenized’

Harker believes that considering the global status of the USD as the world’s reserve currency, the US should not be the first to launch its central bank crypto (CBDC) since trials are necessary first.

Earlier, U.Today reported that a crypto expert and angel investor Anthony Pompliano in his recent CNBC interview stated that the US dollar must be turned digital as soon as possible. 

He said that in the future, all national currencies will be digitized and reminded the audience that China is already about to launch its own CBDC, the so-called ‘China Coin’. He also remains a Bitcoin believer.

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