Fed Governor Bowman Says U.S. CBDC May Pose 'Significant Risk'

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Fed Governor Bowman Says U.S. CBDC May Pose 'Significant Risk'
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Jesse Hamilton is CoinDesk's deputy managing editor for global policy and regulation. He doesn't hold any crypto.

Where the industry establishes the digital economy’s legal, regulatory and compliance best practices for the future.She sees other payments services, including FedNow, as better alternatives.if the U.S. needs to get into the central bank digital currency business.

"We have seen a range of arguments in the public debate about issuing a CBDC, including addressing frictions within the payment system, promoting financial inclusion, and providing the public with access to safe central bank money," said Bowman, one of seven members of the Federal Reserve Board that oversees U.S. payments systems and banking."I have yet to see a compelling argument that a U.S.

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