Federal Reserve Governor Lael Brainard says she sees "no compelling demonstrated need for a Fed-issued digital currency." Cryptocurrency innovation is accompanied by challenges, Brainard says, but cryptocurrencies do not pose a large stability risk for the financial system.
Sign up for CPA Letter Daily
The latest CPA news
Get the intelligence you need: news and information that is changing your industry today, hand-curated by our professional editors from thousands of sources and delivered straight to your inbox.