Financial Crime Financial Crime

US central-bank digital currency could 'provide value' depending on design, Fed researchers say

By Neil Roland
  • 25 Aug 2020 16:42
  • 25 Aug 2020 16:42
A US central bank digital currency could “provide value” in some areas but would likely fall short of all the benefits envisioned by its proponents, Federal Reserve Bank researchers said.

The currency’s advantages “will largely depend on its design,” the paper this month said. “No clear consensus exists on the key design characteristics”

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