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The Daily Hodl 2023-04-20 14:30:02

A CBDC Could Pose Significant Risks to Privacy of Americans, Says Fed Governor – Here’s Why

Federal Reserve Governor Michelle Bowman says the adoption of a digital US dollar comes with challenges and tradeoffs despite the opportunities that the new financial system could bring. During a speech on Tuesday, Bowman says that one of the leading concerns about the central bank digital currency (CBDC) is its significant risks to privacy. “In The post A CBDC Could Pose Significant Risks to Privacy of Americans, Says Fed Governor – Here’s Why appeared first on The Daily Hodl .

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