In a much-anticipated — and long-delayed! — report, the @federalreserve says the introduction of a government "digital dollar" — if it were to happen! — "would represent a highly significant innovation in American money." https://t.co/kBYumCyRyH
— David Gura (@davidgura) January 20, 2022
“The Federal Reserve does not come to a conclusion on the digital dollar but has a long list of benefits of risks,” @Jenniferisms reports on the Fed’s white paper, noting that the Fed would need authorization from Congress to issue a central bank digital currency. pic.twitter.com/jMCNExMjxu
— Yahoo Finance (@YahooFinance) January 20, 2022
h/t CFP