Senator Brown Tells the Fed to Explore a Publicly Issued Digital Dollar or Risk Being ‘Left Behind’

"Senator Sherrod Brown (D-OH) is encouraging the Federal Reserve to take a closer look at a possible digital dollar. In a March 1 letter to Chair Jerome Powell and Governor Lael Brainard, Brown said he strongly supports the central bank's study of central bank digital currency (CBDC). The letter, dated March 1, warns that private actors and other nations are attempting to dominate the payment system, meaning the Fed must move swiftly to avoid being "left behind."

Senator Brown Tells the Fed to Explore a Publicly Issued Digital Dollar or Risk Being 'Left Behind'https://t.co/gqEtsh2bAD#btc #cryptocurrencies #CryptocurrencyNews $xlm $doge $xrp $btc $eth $bnb $ada $bee $pi $xrp $xlm $sxp $doge $cake $egld $link $fed #CBDCs #CBDC #Crypto

— Crypto Press Daily (@CryptoPressDly) March 6, 2021