
Bloomberg Wall Street Week - February 24, 2023
Wall Street Week
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The Impact of Digital Currency on Corporates and Financial Institutions
We've been an early investor in circle which is US digital coin and that's very much business to business. I think the dramatic impact this will have on kind of the treasury functions of corporates and financial institutions around the world over the next five to ten years will be significant. It best for our government for the Federal Reserve to be developing the digital currency or the private sector people like circle to develop it and then have it properly regulated.
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