What is the primary goal of China's central bank digital currency (CBDC) initiative?
The Dollar Is Still the Key Global Currency, Massad Says

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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To replace the US dollar as the global reserve currency
To develop international payment systems independent of the dollar
To increase the value of the yuan
To create a new form of cryptocurrency
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is the US dollar considered the key currency in international commerce?
It is the only currency accepted by the United Nations
It is used in 90% of foreign exchange transactions
It is backed by gold reserves
It is the oldest currency in the world
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a significant advantage of digital tokens over traditional money forms?
They can be easily counterfeited
They combine message information with value movement
They are only used in China
They are not regulated by any government
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a stablecoin?
A cryptocurrency with a value tied to a specific currency
A digital currency issued by a central bank
A type of cryptocurrency that is highly volatile
A form of digital currency used only in gaming
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main concern of the SEC regarding crypto ETFs?
The potential for market manipulation
The high volatility of cryptocurrencies
The environmental impact of cryptocurrency mining
The lack of a strong regulatory framework for the cash market
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which agency currently has authority over Bitcoin futures?
The Department of Treasury
The Federal Reserve
The SEC
The CFTC
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the proposed solution for regulating the spot market for cryptocurrencies?
Creating a new federal agency
Establishing a clear regulatory framework regardless of classification
Leaving regulation to individual states
Banning all cryptocurrency transactions
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