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Fed opens debate on issuing its own digital currency

January 21, 2022 11:40 AM

WASHINGTON (NYTIMES, BLOOMBERG) – The Federal Reserve took its first step toward more seriously examining issuing a central bank digital currency (CBDC), releasing a report on Thursday (Jan 20) that examines the idea’s potential costs and benefits and opening the door for public comment.

Source : https://www.straitstimes.com/business/economy/fed-opens-debate-on-issuing-its-own-digital-currency

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