Here Come “Programmable Dollars”: New York Fed and 12 Banking Giants Launch Digital Dollar Test

“According to a statement by the New York Fed, global banking giants are starting a 12-week digital dollar pilot with the Federal Reserve Bank of New York, the participants announced on Tuesday.

https://www.zerohedge.com/markets/here-come-programmable-dollars-new-york-fed-and-12-banking-giants-launch-digital-dollar

Published by markskidmore

Mark Skidmore is Professor of Economics at Michigan State University where he holds the Morris Chair in State and Local Government Finance and Policy. His research focuses on topics in public finance, regional economics, and the economics of natural disasters. Mark created the Lighthouse Economics website and blog to share economic research and information relevant for navigating tumultuous times.

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