The Breakdown

Is FedNow a Trojan Horse for a CBDC?

Jul 22, 2023
This podcast discusses the launch of FedNow, a new instant payment system by the Federal Reserve and explores whether it is a Trojan Horse for a central bank digital currency (CBDC). It also addresses concerns about FedNow being a form of CBDC and its potential impact on government control over bank accounts. The podcast also touches on the revised House crypto market structure bill that aims to establish regulations for the digital asset space.
Ask episode
Chapters
Transcript
Episode notes
1
Introduction
00:00 • 2min
2
The Introduction of FedNow and the Debate Surrounding It
01:58 • 2min
3
Introduction of FedNow and Addressing Concerns
04:04 • 2min
4
The Impact of FedNow on CBDC and Government Control
06:02 • 4min
5
Revised House Crypto Market Structure Bill Introduced for Committee Process
10:03 • 3min