Despite some concerns within the web3 community about the Federal Reserve’s understanding of the evolving digital landscape, recent evidence suggests that these fears may be unfounded. The Fed has been diligently studying the intricacies of the web3 ecosystem and the technology underpinning it.
As the central bank formulates its perspectives on stablecoins, central bank digital currencies, and financial privacy, its findings, priorities, and ultimate conclusions on all web3 matters are of critical concern and worth understanding in detail.
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