At least three Federal Reserve governors have said that they do not see a reason for the Fed to issue a central bank digital currency (CBDC). The Fed is currently putting together a report on a digital dollar to be released in the near future.
Fed Governors Doubt Need for Digital Dollar
Federal Reserve Governor Michelle Bowman said last week that she does not see much of a reason for the Fed to issue a U.S. central bank digital currency given the safety and efficiency of the U.S. payment system. She said:
I’m not really sure that I understand or see the business case for creating it.
The Fed is currently putting together a report discussing the pros and cons of issuing a digital dollar. The report is expected to be released soon.
Another Federal Reserve governor who is skeptical about the Fed issuing a digital dollar is Randal Quarles. He said on Oct. 20 at a Milken Institute conference that he does not understand the arguments in favor of issuing a central bank digital currency. Qua
We współpracy z: https://news.bitcoin.com/federal-reserve-governors-dont-see-reason-to-issue-central-bank-digital-currency/
