At a panel hosed by the International Monetary Fund previously today, Federal Get Chair Jerome Powell stated that 80% of central banks all over the world are checking out the concept of providing central bank electronic currency (CBDC), although the UNITED STATE Fed has not decided to do the same currently.
Powell's declaration echoes a research study report launched by the Bank for International Settlements (BIS) in January which specified that presently 80% of central banks are taken part in developing in CBDC, up from 70% in 2014.
0:00 – Reserve banks issuing digital currencies
3:47 – Hazard to gold?
4:27 – Gold confiscation
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