Philly Fed President Says Bank Cryptos are ‘Inevitable,’ but the U.S Won’t Take the Lead

2019-10-3 17:05

It seems Patrick Harker, the president of the Philadelphia Fed, has finally got the memo, accepting that central bank digital currencies (CBDC) are “inevitable. ” Still, that isn’t enough for America to take the lead on them.

Harker, although extremely late to the party, made an important caveat on the U. S plans to create a CBDC. […]

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