The World Is 'Advancing' With CBDCs: Former CFTC Chairman Giancarlo

Former CFTC Chairman J. Christopher Giancarlo discusses the outlook for CBDCs, explaining why it's "very clear that the world is advancing with central bank digital currencies." Plus, reactions to Sen. Ted Cruz (R-Texas) introducing a bill last week aimed at blocking the Fed from creating a consumer-based CBDC, similar to a new state-level measure proposed by Florida Governor Ron DeSantis. Giancarlo is also the co-founder of the Digital Dollar Foundation.