CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
CoinTurk News 2023-10-17 19:53:15

FED Official’s Critical Statements: Will the Federal Reserve Take a Concrete Step Towards CBDCs?

Michelle Bowman, a member of the Board of Governors of the Federal Reserve (FED), made critical statements about Central Bank Digital Currencies (CBDCs) and stablecoins at a roundtable discussion organized by Harvard Law School. Bowman stated that the arguments supporting CBDCs are not convincing and emphasized that stablecoins could pose a significant threat to financial stability. The post FED Official’s Critical Statements: Will the Federal Reserve Take a Concrete Step Towards CBDCs? appeared first on COINTURK NEWS.

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.