.federalreserve has released its much-anticipated report on the digital dollar
The Fed is yet to make a decision whether or not it will move forward with the development of a digital version of the U.S. dollar, but the 40-page paper, which was originally announcedIn his statement, Chairman Jerome Powell says that the Fed is open to discussing the matter with a wide range of stakeholders, the general public and electric representatives.The paper appears to suggest that the launch of the CBDC would help to preserve the U.S.
The Fed would not be responsible for offering wallets if the digital dollar were to be launched. The report says that the CBDC would be “privacy-protected” and “identity-verified”: The central bank underscored the significance of the innovation, claiming that it could fully reshape the structure of the U.S. financial system:
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Fed: March lift-off is a done deal – ScotiabankAnalysts at Scotiabank cemented a March Fed rate hike in their latest research report. Key quotes “In the United States, we forecast a rate lift-off i
Les mer »
Biden tasks Fed with inflation fightPresident Biden says the Federal Reserve has the job of addressing soaring inflation, as he continues to press for trillions more in government spending
Les mer »
Buying your groceries online could leave you missing key information, study saysResearchers looked at a sample of packaged foods from multiple online retailers and found that a significant number did not list the ingredients or allergen information online. Experts debate if the gap of information is a product of the pandemic or an attempt to market products.
Les mer »
10 key trends to know for 2022
Les mer »
2 key Bitcoin trading indicators suggest BTC is ready for a 62% upside moveBTC derivatives metrics currently mirror late-September readings which preceded a strong 62% move in Bitcoin price.
Les mer »
Opinion | A Politicized Fed Endangers the EconomyFrom WSJopinion: If politicized monetary policy doesn’t prove transitory, it is doubtful the Fed will be able to deliver either stable prices or maximum employment, writes RepHensarling
Les mer »