President Biden pushing U.S. government digital currency

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2 years ago
25

A U.S. digital currency could be on the horizon.

The Biden administration is putting its support behind the research and development of a “U.S. Central Bank Digital Currency,” or CBDC.

The move is part of a sweeping executive order President Joe Biden signed Wednesday instructing the federal government to explore possible uses of and regulations for digital assets like cryptocurrencies.

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