Fed Governor Admits Digital Dollar Could Substantially Impact Consumer Privacy and Financial System Stability
Fed Governor Lael Brainard warns of potential threats to consumer privacy, financial stability, and even the financial structure of the U.S. itself as a result of the ongoing development of a digital U.S. Dollar. Brainard highlights the necessity of thoroughly studying and understanding the benefits and drawbacks of a Federally issued digital currency before proceeding, with particular focus on the need to safeguard consumers' private data. At present, the Fed is engaged in active research into the viability of a digital dollar. #DigitalCurrency #ConsumerPrivacy #FinancialStability 🎯💰🚀En Español: La gobernadora de la Reserva Federal, Lael Brainard, advierte sobre posibles amenazas a la privacidad del consumidor, la estabilidad financiera e incluso la estructura financiera de los Estados Unidos como resultado del desarrollo continuo de un dólar estadounidense digital. Brainard destaca la necesidad de estudiar y comprender a fondo los beneficios y desventajas de una moneda digital emitida a nivel federal antes de proceder, con especial atención en la necesidad de salvaguardar los datos privados de los consumidores. En la actualidad, la Reserva Federal está investigando activamente la viabilidad de un dólar digital. #MonedaDigital #PrivacidaddelConsumidor #EstabilidadFinanciera 🎯💰🚀
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