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US central bank digital currency faces congressional scrutiny

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The design of a potential U.S. central bank digital currency (CBDC) remains a topic of debate, as made clear at a Tuesday hearing of the U.S. House Committee on Financial Services Task Force on Financial Technology.   Witnesses at the virtual hearing discussed the need for a CBDC and noted the automation possibilities that might accompany a digital dollar issued by the Federal Reserve. Speaking at the hearing […]

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Source: https://bankautomationnews.com/allposts/payments/us-central-bank-digital-currency-faces-congressional-scrutiny/

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