Central Bank Digital Currency- Has the time come?
Well according the the US Federal Reserve Chairman, "it is this area that motivates our interest". The OCC, CFPB and other federal agencies have long proposed implementing a solution that provides faster and cheaper payments, but the banking lobby has countered with concerns over risk, cyber attacks and counterfeiting that have slowed many payment modernization efforts. Other central banks have weighed those risks and have moved forward aggressively with plans for a central b
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