The Boston branch of the Federal Reserve is researching digital currencies with MIT. They are at least preparing for a digital dollar, even if Federal Reserve Chair Jerome Powell says Congress has the final say.
Erik Townsend is a former hedge fund manager and the author of “Beyond Blockchain: The Death of the Dollar and the Rise of Digital Currency.” He wrote it three years ago, well before all the hype around cryptocurrency. NTD asked him just how significant this race between the United States and China is.
