Fed Official Says Digital Central Bank Currency Is ‘Inevitable’

Fed Official Says Digital Central Bank Currency Is ‘Inevitable’

"Philadelphia Federal Reserve bank president Patrick Harker said it is “inevitable” for the central banks to start issuing digital currency."

_{Read more: www.coindesk.com}

More news sources

Central Bank Digital Currency Is ‘Inevitable,’ says the Fed’s Patrick Harker

Central bank digital currencies are “inevitable,” says Patrick Harker, president of the Federal Reserve Bank of Philadelphia

_{Read more: cointelegraph.com}

Trump Whistleblower’s $250K Legal Fund Wastes $10,000 GoFundMe Fee

One of the biggest advantages Bitcoin has over the traditional financial networks is the low transaction-fee model. This has been amply demonstrated amidst the ongoing furor in the U.S. over the ‘Ukraine Whistleblower’ as fundraising effort on GoFundM...

_{Read more: www.ccn.com}

Zimbabwe Bans Popular Mobile Money Services From Paying out Fiat Cash

Zimbabwe is once again showing the need to take away from politicians the power to control normal people’s money. The government there is now trying to cope with the results of mismanaging the economy by preventing citizens from using their fiat cur...

_{Read more: news.bitcoin.com}

How Fitness Enthusiasts Can Benefit From Blockchain Technology

The International Health Racquet and Sports club Association (IHRSA) estimates that the health and fitness industry in the U.S. has been growing by up 4% in the past 10 years. Considering the growing number of adults with fitness club memberships, industr...

_{Read more: nulltx.com}

Other hot crypto news today

• IKEA in ‘World First’ Transaction Using Smart Contracts and Licensed E-Money
• Gold, Not Bitcoin, Is Drawing Haven Demand on US Recession Fears
• American Banking Giants Sound Off Against Libra as Monetary Threat
• Chainalysis Adds More ERC-20 Tokens to Crypto Sleuthing Service
• SIX Exchange Launches First Crypto ETP in Swiss Franc
• Swiss Exchange SIX Lists Joint Bitcoin and Ether Exchange-Traded Product
• Facebook’s Libra Nodes Are Live on ‘Pre-Mainnet’, Roadmap Confirms
• Missouri Watchdog Hits Unregistered Crypto Brokerage With Cease and Desist
• Coinbase-Led Crypto Ratings Council Draws Skepticism From Legal Experts

_{Follow me @cryptonized for the latest cryptocurrency news...}