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The words "If Consumers Use Libra, Who Would They Be Dealing With?" is displayed on a monitor behind Facebook CEO Mark Zuckerberg as he testifies before a House Financial Services Committee hearing on Capitol Hill in Washington, Wednesday, Oct. 23, 2019, on Facebook's impact on the financial services and housing sectors.

AP Photo/Andrew Harnik

Analysis & Opinions - Cointelegraph

China and U.S. Must Learn From One Another and Collaborate on CBDC

| July 28, 2020

A digital currency war between China and the U.S. will not improve the lives of the Chinese or American people, much less the world. Instead, it risks creating two separate payments systems that will only serve to promote further global competition and distrust.