A top Fed official says digital currency may be the money equivalent of parachute pants.

By BY JEANNA SMIALEK from NYT Business https://ift.tt/3x2ppgT
via IFTTT A top Fed official says digital currency may be the money equivalent of parachute pants. Comparing central bank digital currencies to fads, the Fed’s vice chair for supervision said the case for a digital dollar must clear a “high bar.” BY JEANNA SMIALEK https://ift.tt/3x2ppgT https://ift.tt/3h1I2Mp New York Times Business Business Virtual Currency, Banking and Financial Institutions, United States Economy, US Dollar (Currency) June 29, 2021 at 01:00AM