The White House stated on Friday,The Treasury Department and Federal Reserve,
among other organizations, should continue their studies toward creating an official digital currency.
Details in the analysis indicate that Crypto firms don't yet need to be afraid, cryptocurrency and
"digital currency" are two different meanings.
The Digital Dollar Project, a collaboration between
Accenture (NYSE: ACN) and the Digital Dollar Foundation to promote the investigation of a United States
Central Bank Digital Currency (CBDC). Digital Dollar is a virtual representation of a US dollar.
A CBDC is "a method to extend safe payment options," according to
the Federal Reserve, which also notes that the system won't replace cash.
U.S. SEC to open new Office for Crypto filings