Fed to release CBDC review paper; Kevin O'Leary says Fedcoin is not going to happen

As the Federal Reserve prepares to launch a paper reviewing the U.S. central bank digital currency (CBDC), investors are speculating as to when it will be released, and what its release will mean for the rest of the cryptocurrency market.

Kevin O’Leary, investor, venture capitalist, and star of Shark Tank, discusses with Michelle Makori, editor-in-chief of Kitco News, his expectations for a Fedcoin rollout.

Follow Michelle Makori on Twitter: @MichelleMakori (https://twitter.com/MichelleMakori)
Follow Kevin O’Leary on Twitter: @kevinolearytv (https://twitter.com/kevinolearytv)

0:00 – Bitcoin and sustainability
7:20 – Two classes of Bitcoin?
9:00 – Cryptos, DeFi are now 12th sector of S&P
12:48 – WonderFi
19:00 – Is Fedcoin going to happen?
25:10 – U.S. dollar debasement

#crypto #KevinOLeary #Fedcoin
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