President of US Federal Bank of Philly says central bank issued crypto is inevitable

posted 5 months ago
It is “inevitable” that central banks including the US Federal Reserve will start issuing digital currency, Philadelphia Federal Reserve bank president Patrick Harker said today at a banking conference.

He went on to say “Frankly I don’t think we should be the first mover as a nation to do this,” But he added: “It is inevitable ... I think it is better for us to start getting our hands around it.”
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