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BREAKDOWN: The Federal Reserve Has Its ‘Come to Satoshi’ Moment
Shifting a stance of mostly ignoring CBDCs, a Federal Reserve governor says the Fed is now actively studying the possibility of a US digital currency.
Listen or watch all the new CoinDesk podcast episodes wherever you want.
ABOUT
That’s the way Meltem Demirors described Federal Reserve Governor Lael Brainard’s remarks at Stanford yesterday. For the first time, the Fed has said that it is actively researching and experimenting around digital currencies and distributed ledger technologies. This is a change in tone from a Fed that, when asked previously, has more or less dismissed digital currencies.
On this episode, @nlw looks at Brainard’s speech, along with: the latest from Japanese lawmakers proposing a digital currency to counteract the influence of a forthcoming Chinese digital yuan; a Bank for International Settlements digital currency working group with 6 major central banks; and the potential implications of CBDCs on bitcoin.
HOST
CoinDesk
CoinDesk is the world leader in news, prices and information on bitcoin and other digital currencies.
We cover news and analysis on the trends, price movements, technologies, companies and people in the bitcoin and digital currency world.
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