Fedcoin 2021
Fedcoin 2021 latest news, images, analysis about Mar 10, 2022 · A NEW "Fedcoin" digital currency could replace cash, hurt savers and allow the …
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Could ‘fedcoin’ replace cash?
A NEW "Fedcoin" digital currency could replace cash, hurt savers and allow the government to track payments, crypto experts have warned. President Joe Biden announced the move towards a US Central Bank Digital Currency (CBDC) on Wednesday in a historic executive order on cryptocurrency regulation.
What is a “fedcoin?
This digital dollar, which some have started to call “Fedcoin”, could be used in particular to replace, or attempt to replace, cash, to the extent that, according to BNN Bloomberg, several financial companies are lobbying the Fed and Congress to slow down its development, or at least make sure they are not cut off from it.
Is the Federal Reserve developing a digital dollar?
This is reported by BnnBloomberg.ca, which reveals that, according to Boston Fed chief James Cunha, officials from the Federal Reserve Bank of Boston and the Massachusetts Institute of Technology (MIT), who are developing prototypes of the digital dollar platform, plan to unveil the results of their research in the third quarter of 2021.
Will the Fed create a new blockchain called fedcoin?
Then the Fed would just exchange the fedcoin for a dollar each.” In the article entitled “Fedcoin” (October 19, 2014), J.P. Koning speculates, “ The Fed would create a new blockchain called Fedcoin. Or it might create a Ripple style ledger by the same name. It doesn’t matter which.
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Warning 'Fedcoin' is coming & it may replace cash & hurt …
The Fedcoin Is Coming - Money Metals Exchange
Fedcoin
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