President Biden of the United States has instructed government agencies to hurry to verify the possibility of issuing the digital currency "digital dollar" issued by the central bank, and has shown a willingness to move the discussion forward with the preceding Chinese movement in mind. rice field.
Digital currencies are electronic money issued by central banks and can be used in the same way as banknotes and coins, and research and discussions are becoming active in each country.
On the 9th, US President Joe Biden signed a presidential directive on the strategy of digital assets, instructing government agencies to rush research and technological development to verify the possibility of issuing "digital dollars".
He stated that the aim was to secure the international leadership of the United States, "if the issuance is judged to be in the national interest, we will consider the digital dollar."
Regarding the digital dollar, there are some cautious opinions in the parliament from the viewpoint of invasion of user privacy and risk of cyber attack, but China is leading the way in experiments toward the practical application of the "digital yuan". , It is a form that shows the attitude of advancing the discussion as the Byden administration.
If the digitization of the key currency, the dollar, is realized, it will have a great impact on the strategies of each country.
In addition, President Biden has announced in this presidential directive that he will cooperate with each country to prevent the unauthorized use of cryptocurrency assets.
While strengthening economic sanctions against Russia, which continues to invade Ukraine, it has been pointed out that crypto assets may be used as a loophole for sanctions, and we are planning to strengthen measures.