U.S. Federal Reserve Doesn’t Like the Idea of a Government Cryptocurrency216

The Federal Reserve Board governor is still not fond of the idea of central bank digital currencies, despite the fact that the reserve is equipped to issue one.

It’s been a year since bitcoin’s price exploded and launched cryptocurrencies into the mainstream, which pushed many to believe that the future of money was just around the corner. With an incredibly high number of companies promoting blockchain-based—assets popping up each day—the idea doesn’t seem all that far-fetched.

Original source
https://cryptoslate.com/us-federal-reserve-pessimistic-about-national-cryptocurrency/

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