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A top Fed official says digital currency may be the money equivalent of parachute pants.

The Guardian Express Tuesday, June 29, 2021 Banking and Financial Institutions, United States Economy, US Dollar (Currency), Virtual Currency

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Comparing central bank digital currencies to fads, the Fed’s vice chair for supervision said the case for a digital dollar must clear a “high bar.” By BY JEANNA SMIALEK from NYT https://ift.tt/3x2ppgT

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