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❕NEWS Manager announcement for stable cryptocurrencies and CBDCs from the Fed

aryan4

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The US central bank Fed is looking for a "Digital Innovations Policy Program Manager" to evaluate the pros and cons of stable cryptocurrencies and central bank digital currencies.
Fed Chairman Jerome Powell is an executive who thinks digital currencies can complement the current system.
Do you think the FED can do positive work in the coin markets?
 
All these Investigation on stable coins are meant to discourage people and to promote the new CBDC of countries. People should be given opportunity to choose what they want.
 
Most stable coins are valued to the dollar so, I think that the US developing its own cbdc would be a strong threat to stable coins like usdt and others.
Not really because they won't allow their stable version of their fait currency to be listed in the cryptocurrency exchanges . So there is no way people will ci very their coins to it
 
Depends on how the people will accept the use of these digital currencies. What to gain in it. Security perhaps since it's a government regulated
 
The US central bank Fed is looking for a "Digital Innovations Policy Program Manager" to evaluate the pros and cons of stable cryptocurrencies and central bank digital currencies.
Fed Chairman Jerome Powell is an executive who thinks digital currencies can complement the current system.
Do you think the FED can do positive work in the coin markets?
Introduction of digital currencies will cause a stiff battle between them and the most commonly used stable coins. This research is necessary to avoid losses before taking any step.
 
I believe they could have impact on cryptocurrency ,if they should create a stable coin that is pegged to dollar ,it will be more useful as people would have more confidence in investing in it since it's more regulated by the government
 

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