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“Catch up' on digital currencies Deutsche Bank warns U.S., EU | Modern Consensus.

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“Catch up' on digital currencies Deutsche Bank warns U.S., EU | Modern Consensus.

The German bank's report also explains why Apple Pay has enjoyed substantially less user adoption than its Chinese rival Alipay A Deutsche Bank report has warned that central bank digital currencies (CBDCs) will replace cash in the long run—and unless the U.S. and Europe step up their game, they could be forced to rely on digital assets rolled out by the likes of Sweden and China.

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“Catch up' on digital currencies Deutsche Bank warns U.S., EU | Modern Consensus.

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“Catch up' on digital currencies Deutsche Bank warns U.S., EU | Modern Consensus.

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