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Could – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Wed, 13 Jun 2018 02:34:02 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png Could – DIGIT INFO https://www.digit.info 32 32 CBDC Could Have “Severely Negative Consequences” for “Bank-Dominated Payments System” – Former FDIC Chair https://www.digit.info/cbdc-could-have-severely-negative-consequences-for-bank-dominated-payments-system-former-fdic-chair/ Wed, 13 Jun 2018 02:34:02 +0000 https://www.digit.info/2018/06/13/cbdc-could-have-severely-negative-consequences-for-bank-dominated-payments-system-former-fdic-chair/ Read more]]>

CBDC Could Have “Severely Negative Consequences” for “Bank-Dominated Payments System” - Former FDIC ChairThe former chair of the United States Federal Deposit Insurance Corporation, Sheila Bair, recently published an article imploring the U.S. Federal Reserve to explore central bank-issued digital currencies (CBDCs). In the article, Mrs. Bair argues that the development of a state-issued cryptocurrency could “reduc[e] the risk of financial crises” and “improv[e] monetary policy tools.” Also […]

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