U.S. sanctions will still have an impact despite the rise of crypto, deputy Treasury secretary says
"One of the things that we know is that digital assets present an opportunity in lots of ways for the economy, but potentially it presents challenges," Adeyemo told CNBC's Hadley Gamble at the Adipec energy forum.
Many central banks around the world are developing sovereign digital currencies, which advocates say could promote financial inclusion and make cross-border transactions easier. "One of the things that we know is that digital assets present an opportunity in lots of ways for the economy, but potentially it presents challenges," Adeyemo told CNBC's Hadley Gamble on Tuesday at the Adipec energy forum in Abu Dhabi, the United Arab Emirates.
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