Central Bank Digital Currencies (CBDCs) are facing intense scrutiny in Congress as lawmakers debate the future of a potential digital dollar. The discussions focus on the implications of adopting a CBDC, including concerns over privacy, financial stability, and the role of the Federal Reserve. This debate comes amid growing interest in digital currencies globally, with the U.S. exploring its own digital currency options to keep pace with international developments.
Congress Scrutinizes CBDCs Amid Digital Dollar Debate
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