US Treasury Report Raises Concerns About CBDC Impact on Banks And Households

US Treasury Report Raises Concerns About CBDC Impact on Banks And Households


Bitcoinist
2023-03-23 15:30:22

A recent study by the United States Treasury revealed that the introduction of central bank digital currency (CBDC) could potentially destabilize the banking sector while also having the potential to boost household welfare. Before now, US lawmakers expressed dissatisfaction with developing central bank digital currencies (CBDCs). In a new bill, the board noted that the Fed