Saturday, April 20, 2024
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US wholesale CBDC has ‘promise,’ Fed governor says, but retail ‘difficult to imagine’

United States Federal Reserve Board governor Michelle Bowman spoke at Georgetown University on April 18 to “offer a perspective” on central bank digital currency (CBDC). The Fed plays an important role in the conversation about CBDC, Bowman said. Her examination of the problems a CBDC might solve and the design

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