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The Fed's Wary Embrace of Digital Dollars

DATE: 2022-02-01
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Rogoff, Kenneth, (Opinion)

Feb 1, 2022 – Project Syndicate

 

It is not difficult to fathom why the United States’ central bank is especially resistant to any quantum change in the existing financial system. But while policymakers' reluctance to rush into launching a digital dollar is understandable, that is no excuse for the slow pace of cryptocurrency regulation.


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