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Blog iconBlockchain Economy
Mar 31

FED IN SEARCH FOR THE CRYPTO DOLLAR

US Congressmen introduced the Electronic Currency and Secure Hardware Act (ECASH) in the Senate. The bill establishes the Electronic Currency Innovation Program (ECIP) that will oversee the feasibility of a digital (crypto) version of the US dollar launched by the Federal Reserve – FED. With this legislation, the crypto dollar will be able to promote financial inclusion and consumer safety through data privacy, which would drive the US to develop and regulate digital assets. It is worth remem...

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