Blog: US CBDC research ‘could take years’, says Treasury – Central Banking

New reports by the US Treasury outline continued interest in a central bank digital currency, though they still stop short of giving CBDC a green light.

“The reports encourage the Federal Reserve to continue its ongoing CBDC research, experimentation, and evaluation,” said the White House on September 16.

The Treasury says a CBDC “has the potential to offer significant benefits” but “could take years” to develop.

President Joe Biden issued an executive order on March 9 calling for extensive

You are currently unable to copy this content. Please contact [email protected] to find out more.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s