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Fed Governor Waller Questions CBDC Utility For Payments

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Federal Reserve Governor Christopher Waller recently expressed skepticism about the need for a central bank digital currency (CBDC) in the US payment system Waller made the comments during a speech at The Clearing House Annual Conference 2024 on Nov. 12, where he questioned whether the system has a problem that CBDCs could solve. He stated: “In a speech I gave in August 2021, I asked, what problem would a CBDC solve? In other words, what marke…
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