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Benzinga
Benzinga
Business
Murtuza Merchant

Is White House Late To CBDC Game? Beware Volatility And Hacking, Experts Say

The Biden administration recently unveiled a comprehensive strategy for implementing a central bank digital currency (CBDC) over the next few years.

The goal is to create a digital currency for the U.S., with the idea that doing so will help the U.S. cement its position as the world's financial leader. So far, the Departments of Energy, Commerce, the Treasury, and other organizations, have discussed the framework, which outlines the regulation of digital assets, including cryptos.

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