THIS WEEK IN CRYPTO
- Digital USD on the horizon? The Fed is evaluating whether to launch a digital currency and in what form (we didn’t see this coming {sarcasm}). But, don’t expect to see a central bank digital currency any time soon. They’re going to be watching and waiting, letting other nations be the first adapters (probably making sure we avoid the stain of any potential disaster). They’d rather do it “right” than do it “fast.” The question they want to be answered is: Are there clear and tangible benefits of a CBDC that outweigh the costs and risks? Read more here.
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