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Federal Reserve Published A New Paper About Preconditions For Launching A Digital Dollar
Summary: A new paper published by the Federal Reserve on Wednesday lays out some of the preconditions by which the U.S. central bank might consider launching a digital dollar. The paper's authors Jess Cheng, Angela Lawson, and Paul Wong highlighted "clear policy objectives, broad stakeholder support, strong legal framework, robust technology, and market readiness" as "high-level ...
A new paper published by the Federal Reserve on Wednesday lays out some of the preconditions by which the U.S. central bank might consider launching a digital dollar.
The paper's authors Jess Cheng, Angela Lawson, and Paul Wong highlighted "clear policy objectives, broad stakeholder support, strong legal framework, robust technology, and market readiness" as "high-level environmental preconditions that support a general-purpose CBDC in the United States."
By Amy Liu
Tags: Digital Dollar,Federal Reserve,preconditions
Link: Federal Reserve Published A New Paper About Preconditions For Launching A Digital Dollar [Copy]
