One of the biggest questions among cryptocurrency enthusiasts is whether or not central banks will issue their own digital currencies. So far, it seems no bank has taken the plunge just yet. Even the Federal Reserve is not inclined to do so anytime soon, but research into creating a digital dollar is ongoing. Right now, there is no official plan to create a digital currency, but things are always subject to change. Federal Reserve and Digital Currencies Given our society’s shift toward digital payments, it only makes sense to explore the concept of central bank digital currencies. Not only would they make life
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Federal Reserve Has No Plans to Create a Digital Currency
