Do not expect the US Federal Reserve to give away digital dollars soon. Price CNBC reports The reserve is printed his long-term study of central bank cryptocurrency, but he did nothing to pursue professionalism or not. The paper instead explored the potential benefits and challenges of digital finance, and sought public comment.
The Fed has warned that existing cryptocurrencies exist very unchanged, eating more power and they often have trading limits. The central bank-assisted approach can address some of the challenges, the Reserve said, by acting as a “bridge” between paid services, enabling co-operation and providing “secure and reliable” funds. The Reserve also believed that digital currency could improve border payments and protect the US dollar share around the world.
However, the government also warned that digital currency should take into account potential economic changes, such as encouraging financial institutions. It must also keep secrets, protect cases as fraud and tolerance. The Reserve floated on the possibility of having access to the internet without internet access to the internet if it did not exist, such as in the event of a natural disaster.
The agency emphasized its report was “first” in discussing the potential central bank cryptocurrency, and that it will provide the public until May 20, 2022 offer. comments and answering questions. In the meantime, the Reserve will remain politically neutral and will operate on digital currency if long-term research supports the idea. It rejects pressure to take immediate action, even if some countries do going forward.
All sales supported by Engadget are selected by our team of developers, independent of our parent company. Some of our articles include links to links. When you purchase something through one of these links, we may be able to find a partner.
Source link
