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Comment: US Fed governor escalates debate with dismissal of central bank digital currency concept

By Neil Roland ( August 5, 2021, 21:57 GMT | Comment) -- US Federal Reserve Governor Christopher Waller’s rejection of a proposed central bank digital currency aligns him with the Fed’s top regulator amid flares thrown up by lawmakers on both sides of what is certain to be a prolonged debate. The conflict is likely to heat up even more once the central bank releases a discussion paper as early as next month on the pros and cons of a US digital dollar, an issue with a number of moving parts and international implications.US Federal Reserve Governor Christopher Waller’s rejection of a proposed central bank digital currency aligns him with the Fed’s top regulator amid flares thrown up by lawmakers on both sides of what’s certain to be a complex, prolonged debate....

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