U.S. Fed’s Vice Chair Barr Says CBDC Decision Still a ‘Long Way’ Off

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U.S. Fed’s Vice Chair Barr Says CBDC Decision Still a ‘Long Way’ Off
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The U.S. is far from making any decision on a central bank digital currency (CBDC), said Federal Reserve Vice Chairman Michael Barr, who described the Fed as still being in the “basic research” phase.

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