The Threat of Central Bank Digital Currency in the United States

The U.S. leadership and the global economy is propelled by our ability to leverage innovations that make markets more efficient, he says. The next phase of the digital economy consists of a trusted mechanism for transferring value in real time over the Internet,. Enter crypto, a technology that can shift economic power from centralized institutions back into the hands of the people. "It's transformational, and it can be very threatening to unelected bureaucrats right here in Washington"