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US Fed: CBDC a very high priority to combat bad private sect

 
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PostPosted: Sat Jan 16, 2021 9:27 am    Post subject: US Fed: CBDC a very high priority to combat bad private sect Reply with quote

Cryptocurrency stablecoins could become systemically important overnight, says United States Federal Reserve Chairman Jerome Powell, and that's why the Fed is determined to get its own central bank digital currency right.

CBDCs are the banking industry's answer to cryptocurrency stablecoins. While they are often hosted on the...read more
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