United States Treasury and Federal Reserve are ‘studying’ ca…

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United States Treasury and Federal Reserve are ‘studying’ capacity of CBDC
As worldwide economies adjust to the Covid-19 pandemic, which is driving the requirement for contactless payments, federal authorities in the United States have actually shared another upgrade about the advancement of a digital currency. According to the Deputy Treasury Secretary Justin Muzinich, U.S Treasury along with the Federal Reserve, “is studying” a government-sponsored digital currency or CBDC. Now, even the Treasury and Federal Reserve appear to see the benefits of a CBDC.

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