Those differences were on full display in the panel discussion at Consensus 2022 on whether the U.S. Federal Reserve should issue a digital dollar or leave such innovation to the private sector. Dante Disparte, head of policy for stablecoin issuer Circle Internet Financial, called central bank digital currencies (CBDC) a “preposterous idea.” However, Grey warned private-sector efforts at creating a widely usable form of money would put the taxpayer on the hook if those efforts failed.
Related posts
-
Multi-Billion Dollar Compensation Plan Goes To Vote
Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five... -
ECB Publishes Digital Euro’s First Progress Report
The European Central Bank (ECB) has published its first... -
Digital Euro Holding Limit: Debate Continues
The president of Germany’s central bank has highlighted the...