
US Not in Hurry to Adopt Digital Dollar, Says Treasury Official
The Federal Reserve is a long way from issuing its CBDC, must get clear approval from Congress and the executive arm of government.
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The Federal Reserve is a long way from issuing its CBDC, must get clear approval from Congress and the executive arm of government.
Euro at lowest level in 20 years in relation to the dollar, as energy woes continue to dictate the macroeconomic landscape.
The escalating inflation, currently at the highest level among all G-7 nations, the impending recession, and concerns about tax cuts has been the driving factors pushing the Sterling down the slope.
It is still unclear how the news will affect the biggest coins on the crypto scene due to the current uncertainty in the finance world.
The Pound Sterling has been losing strength against the US Dollar amid fears of recession, its lowest levels in nearly four decades.