Digital Dollar Poses “Significant Risks” To Consumer Privacy, Financial System: Fed Governor Admits
The creation of a central bank digital currency (CBDC) presents “significant risks” for the financial system and consumer privacy, says Federal Reserve Governor Michelle Bowman. Appearing at a Harvard Law School Program on International Financial Systems roundtable on Oct. 17, Ms. Bowman conceded that the benefits of a digital dollar are uncertain and that there […]
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