The CEO of Bank of America announced that it will bring out a stablecoin once we get regulatory clarify.
In this video I discuss how most financial institutions are going to enter this arena, at least in the US. We also dive into why it is not a CBDC but will be heavily regulated.
Article mentioned in the video:
▶️ 3Speak
Bitcoiners just call everything a CBDC so they can pretend like they were right.
Love the fantasy they are living in.
Delusions of persecution and grandeur.
That is true. They still believe Bitcoin is the answer for everything.
Things are moving fast in the world of crypto since Trump joined the office.
Going to be a lot of new crypto digitalization when regulations kick in.
Excellent communication work.
What it offers you, a lot of knowledge.
Agreed. Many will enter the arena, led be Wall Street.
Excellent communication work, what it offers you, a lot of knowledge.
Thank you.
https://inleo.io/threads/view/omarrojas/re-leothreads-24hfffzmx?referral=omarrojas
The new regulations apply by the US has made these institutions act quickly