More Powell: Not actively considering a digital US currency

Author: Greg Michalowski | Category: Central Banks

Discussion goes on with Powell and SNBs Jordan

  • Fed not actively considering a digital US currency
  • security issues of digital currencies are quite daunting
  • we don't see central bank digital currencies soon
  • not clear there is consumer demand for cyber currencies
SNB Jordan
  • does not believe digital currencies are a good idea for the same reasons
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