Coinspeaker
Digital Dollar Will Eventually Make Its Way into Market
A number of central banks across the world have been working on central bank digital currencies (CBDCs), however, the US Federal Reserve has been a bit slow in this regard. While there’s been no major news with respect to the Digital Dollar recently, things do seem to be moving ahead.
Michael Greco, policy research director at the Digital Dollar Project recently said that there’s not a question of ‘if’ but ‘when’ regarding the establishment of the Digital Dollar in the United States. Greco’s comments came during his interview with CoinDesk TV’s “First Mover” show on Tuesday, December 27.
He said that the Digital Dollar might see the day of the light in the next few years without mentioning the actual timeline. But Greco said that the Federal Reserve is waiting for Congress to enact legislation before it can move ahead. Although he doesn’t expect Congress to pass such a law next year, Greco believe
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