Fed Hints At Digital Dollar Approach As Debate Stage Set

By Jon Hill (January 20, 2022, 10:16 PM EST) -- The Federal Reserve hinted Thursday at the direction it might take in designing a U.S. central bank digital currency, pinpointing features like privacy protection and private-sector intermediation as desirable while stressing that no decisions have yet been made about whether to even pursue such a project.

The Fed outlined its preliminary views as part of a long-awaited discussion paper that examines the potential benefits and risks of issuing a CBDC, essentially an electronic version of central bank money that would be made available for consumers and businesses to use much like cash.  

Although the paper does not commit the Fed...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!