Another section calls for a study on “the potential impact” of a central bank digital currency (CBDC), or digital dollar, on the Fed’s monetary policy tools, U.S. financial sector, banking sector and financial stability, as well as to payment services. The Treasury Department, alongside the various regulators, would have to report to the Financial Services Committee, as well as the Senate Banking Committee, the results of this study within 180 days.
Bitcoin Funds See Significant Net Outflows Heading Into Year-End – What’s Going On?
The high tide of liquidity that has recently supported Bitcoin prices appears to be receding rapidly. The market is now...
