Federal Reserve to launch FedNow Mid-2023

Analysis on how FedNow is related to the Central Bank Digital Currency (CBDC)

In March 2022, the “Executive Order on Ensuring Responsible Development of Digital Assets” places a Central Bank Digital Currency (CBDC) at the highest urgency.

Sec. 4.  Policy and Actions Related to United States Central Bank Digital Currencies.  (a)  The policy of my Administration on a United States CBDC is as follows:
                          (i)   …