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E-Dollar: Why is the US not Rushing to Join Digital Currency Race With China, EU & UK? © AFP 2021 / MOHD RASFAN https://sputniknews.com/us/202104201082682643-e-dollar-why-is-the-us-not-rushing-to-join-digital-currency-race-with-china-eu uk/ While the world s major powers are joining the race toward centralised digital currencies, the US Fed Reserve insists there s no need for Washington to rush this project and be the first to market. Who has already jumped on the digital currency bandwagon and why is the US humming and hawing? The increasing popularity of crypto-currencies and Facebook s attempt to push forward with its stablecoin Libra two years ago are an apparent wake-up call to for the world s major central banks, which are now exploring the possibility of issuing a digital version of fiat money.

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