Cryptocurrency Q&A
Is the US dollar going digital?
Is the US dollar going digital?
Giulia
Mon Nov 18 2024
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7 answers
1575
I've been hearing a lot about digital currencies recently and it got me wondering if the US dollar is also going digital. I'm curious to know if there's any official plan or initiative to make the US dollar digital and what the implications of such a move would be.
7 answers
Chiara
Wed Nov 20 2024
The question of whether the US will adopt a digital dollar remains unanswered.
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KimonoElegantGlitter
Wed Nov 20 2024
Additionally, the Federal Reserve is examining the global ramifications of introducing a CBDC.
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CryptoDynasty
Wed Nov 20 2024
As of June 2024, the US Federal Reserve has yet to make a decision on transitioning to a Central Bank Digital Currency (CBDC).
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Enrico
Wed Nov 20 2024
The Federal Reserve is currently engaged in research to understand the potential impacts of a CBDC on the US dollar.
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Giulia
Wed Nov 20 2024
This research aims to assess how a CBDC could affect the domestic economy of the United States.
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