Fed says it is developing an experimental digital currency
To become a reality, any digital equivalent of cash would need lengthy policy process, and no decision has been made to start one, Fed Gov. Brainard says
The Federal Reserve on Thursday announced it is building and testing a hypothetical digital currency, equivalent of cash.
The goal of the program is to enhance the Fed’s understanding of digital currencies, said Fed Governor Lael Brainard, in a speech to a conference on innovation sponsored by the Fed’s San Francisco regional bank.
https://www.marketwatch.com/story/fed-says-it-is-developing-an-experimental-digital-currency-11597352302
#US #TheFed #digital #currency
To become a reality, any digital equivalent of cash would need lengthy policy process, and no decision has been made to start one, Fed Gov. Brainard says
The Federal Reserve on Thursday announced it is building and testing a hypothetical digital currency, equivalent of cash.
The goal of the program is to enhance the Fed’s understanding of digital currencies, said Fed Governor Lael Brainard, in a speech to a conference on innovation sponsored by the Fed’s San Francisco regional bank.
https://www.marketwatch.com/story/fed-says-it-is-developing-an-experimental-digital-currency-11597352302
#US #TheFed #digital #currency