Fed’s Lael Brainard invites Congress to choose whether to compete with China’s digital yuan

Fed’s Lael Brainard invites Congress to choose whether to compete with China’s digital yuan
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“We want to make sure that we do the requisite research on policy and technology so we’re in a position to move forward if Congress decides it’s important to be able to compete with China in this regard,” said Lael Brainard.

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