Former FDIC Chair Urges Fed to Consider Issuing Central Bank Digital Currency

Sheila Bair, a former chair of the Federal Deposit and Insurance Corporation in the U.S., thinks the U.S. Federal Reserve Bank should seriously consider issuing a digital currency to reduce the risk of a financial crisis and improve monetary policy. Writing in Yahoo Finance, she noted that market volatility continues to shake confidence in banking

The post Former FDIC Chair Urges Fed to Consider Issuing Central Bank Digital Currency appeared first on CCN