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US Federal Reserve still not ready for a Government based cryptocurrency

U.S. Federal Reserve still not ready for a Government based cryptocurrency – Cryptoline News

The Central Bank not in support of CBDC’s The Fed has rejected the idea of a Centrally Backed Digital Currency(CBDC) as this goes against the old financial system. Bitcoin’s big price swing that pushed it a little into the mainstream audience, has led some to believe that this can become the future of money.