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As development of a U.S. based Central Bank Digital Currency (CBDC) continues, an increasing amount of figureheads are speaking on their future importance. Whether this is the result of a need to keep up with the joneses (i.e. Ukraine) or the Bank of America touting the effectiveness of CBDCs, the end result will be the same – a future inundated with digital currencies from private issuers and central banks alike.
The United States ‘Needs’ a CBDC
In a recent discussion with the Aspen Institute Economic Strategy Group, Federal Reserve Governor Lael Brainard shared her thoughts on a potential U.S. Central Bank Digital Currency.
House Financial Services Committee Adds Working Group Targeting Digital Assets crowdfundinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from crowdfundinsider.com Daily Mail and Mail on Sunday newspapers.
/PRNewswire/ The Electronic Transactions Association (ETA) today released its "7 Guiding Principles for CBDC," which should guide the consideration of the.