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Will The Pandemic Finally Get Central Banks Interested In Building Digital Currencies?

by CBDC Insider Staff
May 25, 2020
in Business
Reading Time: 1min read
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Will The Pandemic Finally Get Central Banks Interested In Building Digital Currencies?
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In that proposal, the digital dollar would have been “a balance expressed as a dollar value consisting of digital ledger entries that are recorded as liabilities in the accounts of any Federal Reserve bank; or an electronic unit of value, redeemable by an eligible financial institution (as determined by the Board of Governors of the Federal Reserve System).”

Continue read: https://www.pymnts.com/cryptocurrency/2020/central-banks-explore-building-digital-currency/

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