The U.S. Federal Reserve denies that its new instant payments service, FedNow, is in any way tied to the digital asset space. But experts say the new system could lay the groundwork for the infrastructure needed for a potential central bank digital currency (CBDC) in the U.S. And so this week’s announcement has led to a fresh airing of warnings about potential privacy and control risks around a digital dollar.
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Stablecoin bill could reach Trump’s desk within two months, says Bo Hines
The regulation of stablecoins in the US can reach President Donald Trump’s desk in two months, according to the Executive...