Weekly Wrap: Federal Reserve vice chair disses digital currency

This week, Bank Automation News discusses comments made by U.S. Federal Reserve Vice Chair for Supervision Randal Quarles’ to the Utah Bankers Association Convention this week, in which he compared central bank digital currency (CBDC) to the ill-conceived parachute pants of the 1980s. The BAN team also delve into recent public responses to a federal […]

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