EPISODE · Jul 16, 2021 · 7 MIN
Audio Alert: Fed Floats More “Digital Dollar” Plans | July 16th, 2021
from Money Metals' Weekly Market Wrap · host Money Metals Exchange
This week, the Federal Reserve launched another barb in the brewing currency war. Fed Chairman Jerome Powell said a central bank digital currency could render cryptocurrencies such as Bitcoin useless. Those comments came on the heels of an announcement last month by the U.S. Treasury that it could soon force businesses receiving more than $10,000 in crypto payments from a customer to file an IRS report on the transaction.
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Audio Alert: Fed Floats More “Digital Dollar” Plans | July 16th, 2021
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