Things up speeding up in the digital currency space. More countries are coming around to the idea that a central bank digital currency (CBDC) is not only a viable alternative to existing decentralized cryptocurrencies, but also a necessary counterbalance to the US dollar’s dominance as the primary reserve and trade currency. China is about to launch its state-backed cryptocurrency, and several other nations poised to follow. But, the US and South Korea are bucking the trend. In the non-public arena, Facebook’s Libra is more likely to happen than not, which will only accelerate global cryptocurrency adoption.

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