623. Insights: If the President orders a CBDC, then who can stop it?
Simon Taylor is joined live on stage at New York FinTech Week by some great guests, from Visa, EMTECH and The Digital Dollar Project, to discuss whether a US central bank digital currency is now inevitable.
Our expert host, Simon Taylor, hosted a live onstage panel as part of Empire Startups New York FinTech Week!
Earlier this year, we saw an executive order signed on the desk of the White House calling for research and development on a US CBDC.
What was once a theoretical possibility has now been directly decreed by the President himself.
So, today we’re talking about how this executive order will fit into the history books, what we know about CBDCs currently, what the challenges are still to overcome and what the future may hold.
This week's guests include:
- Cuy Sheffield, Head of Crypto, Visa
- Carmelle Cadet, Founder & CEO, EMTECH
- Jennifer Lassiter, Executive Director, The Digital Dollar Project
This episode is sponsored by Alto IRA
Did you know the majority of people are investing in cryptocurrency through a taxable account, when they could be using an IRA and avoiding or deferring the taxes?
With an Alto CryptoIRA, you can invest in crypto without tax headaches. Create a free account in minutes. Choose from over 150 coins, and invest with as little as $10. No setup charges and no account fees.
To open an Alto CryptoIRA with as little as $10, just go to www.altoira.com/insider
This episode is sponsored by TrueLayer
Let’s face it, cards were not designed for online. Payments can take days to settle, hurting customer loyalty. While high fraud, clunky checkouts and expensive fees mean millions in missed revenue.
At TrueLayer, we’ve made instant payments available for businesses across Europe and the UK. So you can cut costs, fight fraud and get money moving fast.
To learn more visit: www.TrueLayer.com/payments.
Fintech Insider by 11:FS is a podcast dedicated to all things fintech, banking, technology and financial services. It’s hosted by a rotation of 11:FS experts including David M. Brear, Simon Taylor, Jason Bates and Gwera Kiwana, as well as a range of brilliant guests. We cover the latest global news, bring you interviews from industry experts or take a deep dive into subject matters such as APIs, AI or digital banking.
If you enjoyed this episode, don't forget to subscribe and please leave a review
Follow us on Twitter: @fintechinsiders where you can ask the hosts questions, or email firstname.lastname@example.org!
Special Guests: Carmelle Cadet, Cuy Sheffield , and Jennifer Lassiter.