Analysis
Opinion

Central Bank Digital Currencies: Potential Financial Catastrophe in Search of a Problem

Central Bank Digital Currencies: Potential Financial Catastrophe in Search of a Problem
A cryptocurrency ATM is seen here in a Miami convenience store on May 12, 2022. Joe Raedle/Getty Images
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News Analysis
The White House released a framework recently on regulation of digital assets that included a call for the Federal Reserve and Treasury Department to continue behind-the-scenes efforts to impose a government-run cryptocurrency known as a central bank digital coin.
Peter St Onge
Peter St Onge
Author
Peter St Onge is an economic research fellow in the Roe Institute for Economic Policy Studies at The Heritage Foundation. He holds a doctorate in economics from George Mason University and is a former professor at Taiwan’s Feng Chia University. He blogs at Substack.com/@profstonge.
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