Fed Vice Chair Quarles Says Digital Dollar Could Pose Significant Risks to US Banking System – Regulation Bitcoin News
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Fed Vice Chair Quarles Says Digital Dollar Could Pose Significant Risks to US Banking System – Regulation Bitcoin News

The Federal Reserve’s vice chairman of supervision and the chair of the Financial Stability Board (FSB), Randal K. Quarles, doubts the benefits of the digital dollar but says it “could pose significant and concrete risks” to the U.S. banking system.