Tag: central bank digital currency (CBDC)

HomeTagsCentral bank digital currency (CBDC)
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A bill has been introduced in the US to prevent the Federal Reserve from distributing virtual money to people directly.

A measure has been presented in Congress that would prevent the Federal Reserve from distributing a central bank digital currency (CBDC) to people directly. "It's crucial to underline that the Fed doesn't have the power to issue consumers bank accounts, and it shouldn't," he said.
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