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Federal Reserve’s ‘FedNow’ Launch Triggers Fresh Speculation Over Digital Dollar

July 24, 2023
in Crypto Updates
Reading Time: 1 min read
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The U.S. Federal Reserve denies that its new immediate funds service, FedNow, is in any manner tied to the digital asset house. However specialists say the brand new system might lay the groundwork for the infrastructure wanted for a possible central financial institution digital forex (CBDC) within the U.S. And so this week’s announcement has led to a contemporary airing of warnings about potential privateness and management dangers round a digital greenback.

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Tags: DigitalDollarFederalFednowFreshLaunchReservesSpeculationTriggers
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