Bitcoinist
2023-04-19 16:30:04

‘Launching A Digital Dollar Is Risky’, Fed Governor Reveals

Federal Reserve Governor Michelle Bowman has warned of the potential risks of launching a digital dollar, highlighting that privacy concerns have not been adequately considered. Bowman’s Privacy Concerns Over Digital Dollar Privacy concerns surrounding central bank digital currencies (CBDCs) like the digital dollar remain contentious. Experts suggest that a CBDC would leave a trail of records similar

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.