US won’t issue a CBDC until the Fed resolves all of the details

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With China being in the lead regarding its CBDC testing and development, a lot of countries are rushing their central bank digital coins to catch up. The US, on the other hand, has different plans. Federal Reserve chairman, Jerome Powell, says that it is more important to do it right than to be the first to issue a CBDC. It is more important to do a CBDC right than to issue it first The topic of central bank digital currencies (CBDCs) is still one of the hottest ones in the financial world. Countries like Japan are extremely worried about the

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