Cashless America: Federal Reserve Digital Currency?

Image

Credit to Unknown Source

QUOTE

"It's a vision of a cashless future that other countries are already embracing. China, for example, has unveiled the digital yuan on a trial basis. India this week said it would create a digital rupee. Now the U.S. is weighing whether it wants to get into the game.

Last month, the Federal Reserve released a much-anticipated paper, laying out the advantages and disadvantages of a digital currency.

The Fed says it's a first step, meant to kick-start an important conversation among policymakers and to gather feedback from average people to some of the country's largest financial institutions."

READ MORE

I'm interested
I disagree with this
This is unverified
Spam
Offensive

Replies