{"id":134483,"date":"2022-01-21T20:25:44","date_gmt":"2022-01-22T04:25:44","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2022\/01\/fed-opens-debate-over-a-u-s-central-bank-digital-currency-with-long-awaited-report"},"modified":"2022-01-21T20:25:44","modified_gmt":"2022-01-22T04:25:44","slug":"fed-opens-debate-over-a-u-s-central-bank-digital-currency-with-long-awaited-report","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2022\/01\/fed-opens-debate-over-a-u-s-central-bank-digital-currency-with-long-awaited-report","title":{"rendered":"Fed opens debate over a U.S. central bank digital currency with long-awaited report"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/fed-opens-debate-over-a-u-s-central-bank-digital-currency-with-long-awaited-report2.jpg\"><\/a><\/p>\n<p>The Federal Reserve took its first step toward more seriously examining issuing a central bank digital currency, releasing a report on Thursday that examines the idea\u2019s potential costs and benefits and opening the door for public comment.<\/p>\n<p>In a long-awaited report, the Fed avoided taking sides and set out a list of arguments for and against a digital currency, and posed questions that will shape the debate.<\/p>\n<p>\u201cWe look forward to engaging with the public, elected representatives and a broad range of stakeholders as we examine the positives and negatives of a central bank digital currency in the United States,\u201d Jerome H. Powell, the Fed chair, said in a statement. Mr. Powell had previewed that a report would be forthcoming <a class=\"\" href=\"https:\/\/www.federalreserve.gov\/newsevents\/pressreleases\/other20210520b.htm\" title=\"\" rel=\"noopener noreferrer\" target=\"_blank\">in May 2021<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Federal Reserve took its first step toward more seriously examining issuing a central bank digital currency, releasing a report on Thursday that examines the idea\u2019s potential costs and benefits and opening the door for public comment. In a long-awaited report, the Fed avoided taking sides and set out a list of arguments for and [\u2026]<\/p>\n","protected":false},"author":396,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1761,45],"tags":[],"class_list":["post-134483","post","type-post","status-publish","format-standard","hentry","category-cryptocurrencies","category-finance"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/134483","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/396"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=134483"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/134483\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=134483"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=134483"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=134483"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}