Feb 6, 2022

The U.S. is considering a radical rethinking of the dollar for today’s digital world

Posted by in categories: cryptocurrencies, finance

Fed Chair Jerome Powell and his colleagues are moving ahead cautiously and methodically.

The Federal Reserve Bank of Boston is also expected to release the results of its research into the technological challenges associated with implementing a CBDC in the U.S.

It would take five-to-ten years to introduce a digital currency in the U.S., several experts say, but they argue policymakers can’t sit idly by.

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