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The Rise of CBDC Skepticism Among US Officials

The Breakdown

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Barr's Speech on Cryptocurrency Regulation

Federal reserves vice chairman for supervision michael barr has used his debute speech to call for greater regulatory oversight of the banking industry use of crypto assets. Barr made the contention that private stable coins had so far failed to deliver significant increases in financial access to the under banked. He tread pretty carefully, insisting that congress ad the white house need to lead the way before the fed takes action.

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