Talk of a US central bank digital currency (CBDC) dominated proceedings, as the US Senate Committee on Banking, Housing, and Urban Affairs conducted a virtual meeting yesterday.
The near two-hour-long hearing titled “The Digitization of Money and Payments” discussed competing with China’s CBDC offering, financial inclusion, and modernizing the current US economic model.
Continue read: https://www.newsbtc.com/2020/07/01/central-bank-digital-currency-touted-as-solution-to-us-economic-overhaul/
