Oct 14 (Reuters) – Making a U.S. central financial institution digital forex is probably going not necessary to the long-term standing of the U.S. greenback, Federal Reserve Governor Christopher Waller mentioned Friday.
In a speech throughout an occasion held by the Harvard Nationwide Safety Journal, Waller mentioned {that a} digital greenback wouldn’t supply materials advantages over making U.S. dollar-denominated funds, particularly as a result of the introduction of a central financial institution digital forex, or CBDC, would introduce extra dangers, resembling cybersecurity threats.
“I don’t assume there are implications right here for the function of the US within the international