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Fed’s cryptocurrency pilot opens door for dangerous retail option

Por: The Hill Business December 11, 2022

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The success of the cryptocurrency industry has inspired the Federal Reserve and other central banks to create their own digital currencies using the new technology. Recently, the Federal Reserve Bank of New York and a small group of private financial companies a 12-week pilot program to explore the feasibility of a central bank digital currency (CBDC). Although several other central banks are CBDCs, this is the first move by the Fed.... + full article



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