Post by: newshunter on January 17, 2021, 01:01:59 AM
The United States Federal Reserve needs its own digital currency to protect against a possible overnight proliferation of stablecoin technology, says Fed chairman Jerome Powell.
Source: US Fed: CBDC a ‘very high priority’ to combat bad private sector money (https://cointelegraph.com/news/us-fed-cbdc-a-very-high-priority-to-combat-bad-private-sector-money)
Would appreciate your opinion about this