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A working group will be formed to focus on the creation of a digital dollar, says a key Treasury Department official.
A working group consisting of key U.S. financial services authorities will be gathering over the coming months to investigate “an initial set of findings and recommendations” toward a central bank digital currency (CBDC) or “digital dollar” for the U.S., says Nellie Liang, under secretary for domestic finance for the Treasury Department. The CBDC Working Group...
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