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Ripple CEO Says US Regulators Must Embrace Crypto or Fall Behind China

In a tweet posted May 26, Garlinghouse warns that “remaining complacent is actually setting us back,” citing an article suggesting that China’s long-touted central bank digital currency (CBDC) has the potential to unseat the dollar as the global reserve currency.

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Lex Letter from London: rainy day savings

Dr. Scott Gottlieb warns that widespread vaccinations for coronavirus by year-end look unlikely