Federal Reserve’s ‘FedNow’ Launch Triggers Fresh Speculation Over Digital Dollar

The U.S. Federal Reserve denies that its new instantaneous funds service, FedNow, is in any method tied to the digital asset house. However consultants say the brand new system might lay the groundwork for the infrastructure wanted for a possible central financial institution digital forex (CBDC) within the U.S. And so this week’s announcement has led to a recent airing of warnings about potential privateness and management dangers round a digital greenback.



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