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Chris Giancarlo: U.S. Risks Becoming 'Backwater' Without CBDC

Amy Liu

Summary: Chris Giancarlo, former chairman of the US Commodity Futures Trading Commission (CFTC), said that you can’t stop the advancement of technology, and if you do, it will stagnate. If the United States does not have CBDC, it will become a backwater. The United States must be open to such innovations and participate in it in ...

Chris Giancarlo, former chairman of the US Commodity Futures Trading Commission (CFTC), said that you can’t stop the advancement of technology, and if you do, it will stagnate. If the United States does not have CBDC, it will become a backwater. The United States must be open to such innovations and participate in it in a cautious manner.

By Amy Liu

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