Tag: Daleep Singh

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Former Biden Advisor Reveals Administration’s Drive Towards Digital Dollar – What’s Going On?

A former top economic adviser for President Joe Biden has revealed that the administration is pushing to launch a digital dollar in a bid to “crowd out” private cryptocurrencies.  During a Tuesday Senate Banking Committee hearing, Daleep Singh, a former deputy national security adviser for international economics in the Biden administration, said a digital dollar would remove…
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United States CBDC would ‘crowd out’ crypto ecosystem: Ex-Biden adviser

Daleep Singh argues that crowding out cryptocurrencies by establishing a CBDC in the United States would protect the country’s national interests. The creation of a United States digital dollar would “crowd out” the cryptocurrency ecosystem and protect the national security of the U.S., according to a former top adviser in president Joe Biden’s administration. Daleep…
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