Sheila Bair, a former chair of the Federal Deposit and Insurance Corporation in the U.S., thinks the U.S. Federal Reserve Bank should seriously consider issuing a digital currency to reduce the risk of a financial crisis and improve monetary policy. Writing in Yahoo Finance, she noted that market volatility continues to shake confidence in banking
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Source: CCN.com
Original Post: Former FDIC Chair Urges Fed to Consider Issuing Central Bank Digital Currency