To print this article, all you need is to be registered or login on Mondaq.com.
The U.S. House Financial Services Subcommittee on National
Security, International Development and Monetary Policy considered testimony on the creation of a
U.S. central bank digital currency ( CBDC ).
In a Memorandum to the members of the
Committee, majority staff explained that many central banks are
pursuing CBDCs because of their potential to (i) increase financial
inclusion, (ii) facilitate faster and cheaper payment options,
(iii) counter private cryptocurrencies and (iv) build newer,
more direct levers to implement monetary policy. With regard
to national security considerations, staff asserted that a
U S Falling Behind in Central Bank Digital Currency Race According to Global Tracker
cheddar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cheddar.com Daily Mail and Mail on Sunday newspapers.
Friedlander testifies to the House Committee on Financial Services regarding US leadership on central bank digital currency development
atlanticcouncil.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from atlanticcouncil.org Daily Mail and Mail on Sunday newspapers.
Lacy Hunt On Debt And Friedman s Famous Quote Regarding Inflation & Money
zerohedge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zerohedge.com Daily Mail and Mail on Sunday newspapers.