WINNING THE FUTURE OF MONEY: A PROPOSAL FOR A U.S. CENTRAL BANK DIGITAL CURRENCY
In the last several years, as cryptocurrencies such as Bitcoin and Tether have
emerged and attracted growing attention, governments around the world have
begun to consider the issuance of a Central Bank Digital Currency (“CBDC”). A CBDC is
a digital form of central bank fiat currency. In the case of the U.S., a CBDC would be a
digital representation of a dollar.
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