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US Treasury and Federal Reserve are ‘studying’ potential of CBDC (AMBCrypto)

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As global economies adapt to the Covid-19 pandemic, which is driving the need for contactless payments, federal authorities in the US have shared another update about the development of a digital currency. According to the Deputy Treasury Secretary Justin Muzinich, U.S Treasury along with the Federal Reserve, “is studying” a government-sponsored digital currency or CBDC.
The post US Treasury and Federal Reserve are ‘studying’ potential of CBDC appeared first on AMBCrypto.

As global economies adapt to the Covid-19 pandemic, which is driving the need for contactless payments, federal authorities in the US have shared another update about the development of a digital currency. According to the Deputy Treasury Secretary Justin Muzinich, U.S Treasury along with the Federal Reserve, “is studying” a government-sponsored digital currency or CBDC. […]

The post US Treasury and Federal Reserve are ‘studying’ potential of CBDC appeared first on AMBCrypto.

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