“Unlike private digital assets, a CBDC issued by the Federal Reserve would be backed by the full faith and credit of the U.S. government, like the dollar bills in our wallets,” said Rep. Maxine Waters, (D-Calif.), the chairwoman of the House Financial Services Committee, in a statement earlier this year. She said a digital dollar could “hold the promise of deepening financial inclusion for underserved communities as more economic activity moves online.”
Bitcoin (BTC) Regains $66K Following Bullish ETF Data
Bitcoin (BTC) rose to past $66,000 early Friday, reversing Thursday's pullback below $65,000. At the time of writing, it was...