Fed Chief Bets That US’s ‘First-Mover Advantage’ in CBDC Race Is Stronger Than China’s

Fed Chairman Jerome Powell. Source: a video screenshot, Youtube, NBC News
Jerome Powell, the chairman of the US Federal Reserve (the Fed), has suggested that the United States is in no rush to issue a central bank digital currency (CDBC), opining that the dollar’s status as the de facto world reserve currency will provide the nation with “first-mover advantage” – no matter what policies  Read more »
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