During a recent press conference, US Federal Reserve Chair Jerome Powell affirmed that banks may serve cryptocurrency clients, provided they understand and manage the associated risks effectively. Powell stressed that…
he BCB disclosed it is developing a “synthetic” CBDC that integrates the “trilemma” of decentralization, privacy, and programmability.
Reportedly, up to 80% of central banks globally are researching Central bank digital currencies (CBDCs) as a digital form of legal tender.