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In Long-Awaited CBDC White Paper, Fed Flags Privacy, Financial Stability Risks

The Fed does not commit to launching (or not launching) a CBDC in the long-anticipated document.

Updated May 11, 2023, 5:18 p.m. Published Jan 20, 2022, 7:37 p.m.
Fed Chair Jerome Powell (Brendan Smialowski-Pool/Getty Images)
Fed Chair Jerome Powell (Brendan Smialowski-Pool/Getty Images)