Fed Chairman Powell: For the United States, the digital currency is "more important to compare and to lead"

Federal Reserve Chairman Jerome Powell said on Monday he believed it was more important than ever to create a digital currency bank (CBDC), according to Reuters. In addition to the beneficial effects of CBDCs, there may also be risks. Recognizing the importance of marketing requires careful consideration. It's important for the Fed to assess the impact of CBDCs on a number of key issues, including fiscal policy, financial security, cybersecurity, and crime prevention.