According to Yanis Varoufakis

Existential threat? Why some banks are anxious about CBDCs

According to Yanis Varoufakis, the former prime minister of Greece, the current banking system in the US has legitimate concerns about implementing a central bank digital currency (CBDC). In

Who’s afraid of Central Bank Digital Currencies? - Yanis Varoufakis

Recent progress makes it clear

JP Morgan, Other Bankers Are Panicking Over CBDC Prospects:

JPMorgan, Big Banks Panic Over US CBDC, Says

“Recent progress makes it clear that a CBDC is not critical to improving the speed of payments or addressing existing concerns with domestic and crossborder payments,”

JPMorgan CEO Jamie Dimon is

JPMorgan CEO Jamie Dimon is famous for his anti-crypto stance, calling the industry nothing more than “a decentralized Ponzi scheme.” When asked about CBDCs, the

Who’s Afraid of Central Bank Digital Currencies? by

Today, the outrage is serving the interests of bankers panicking at the prospect of central bank digital currencies. When First Republic Bank failed, the Federal

This time

JPMorgan And Big Banks Are Panicking Over American CBDCs

Banks push back against CBDC - Payments Dive

This time, the outrage is serving the interests of bankers panicking at the prospect of Fed accounts. Dimon and other masters of the TBTF universe are right to be scared, because a

Just like how cigarette companies

Just like how cigarette companies rued the rise of smoking restrictions, Varoufakis noted that JP Morgan and the other too-big-to-fail (TBFT) banks perceive CBDCs

JPMorgan and Too-Big-To-Fail Banks Are Right To Panic Over

The former prime minister of Greece says the current banking regime is rightfully wary of a central bank digital currency (CBDC) in the US. Writing in an op-ed for

Now

Now, in a recent column in Project Syndicate, Yanis Varoufakis, the Former Minister of Finance of Greece chalked out how the current banking system in the U.S. is on