Today news
About the same in other media
The Fed weighs in on a digital dollar in step toward ‘significant innovation in American money’
Reading now: 643
fnlondon.comThe Federal Reserve has come out with a highly anticipated paper on a digital dollar, taking a step in a process that could lead to Congressional action.
The paper, which lays out the pros and cons of a central-bank digital currency, doesn't appear to taking sides in the debate over whether to establish one. It discusses the benefits of a CBDC, but also notes that it could pose threats to banks and new forms of money such as stablecoins (tokens designed to maintain a fixed $1 value).
Read more on fnlondon.comAbout this in other media
Fed Paper on US Central Bank Digital Currency (CBDC) investopedia.com /2 years ago
Ukraine crisis: MPs hold up flags to thank countries for their support euronews.com /2 years ago
Goldman Sachs clears the air regarding the launch of its ‘in-house’ stablecoin ambcrypto.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
