Policy Problem Summary:
State and non-state actors can bypass US dollar-based sanctions with the use of digital currency that are readily available through decentralized exchanges and provide anonymity through cryptographically secured technologies; Should the U.S. enact a Central Banking Digital Currency to compete and overtake China’s established CBDC and how should the US approach sanctions now that sovereign-less digital asset like NFTs and their underlying data based valued Cryptocurrencies safe-guard enemy combatants from future US economic sanctions?
Facts:
Background of the Problem
History
Bitcoin, Ethereum and global digital currency exchanges have spawned from early technologies to digitalize money and fu ..
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