Federal Reserve’s Cunha on the State (and Timeframe) of Digital Dollars
PYMNTS
AUGUST 21, 2020
Earlier this month, as PYMNTS noted , the Federal Reserve said its Boston bank is working with the Massachusetts Institute of Technology (MIT) to explore the possibility of issuing digital currency. But a race to a rollout is not in the cards. Central bank digital currencies (or CBDCs) have been gathering steam, at least as a concept.
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