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With the crypto space growing incredibly fast, its perception among people has changed from a short, wishful account to a dependable currency in the future.
Perhaps the biggest argument against a CBDC is that, for cryptocurrency purists, having a central institution overseeing a currency is the very thing crypto was designed to avoid.
Researchers at MIT’s Digital Currency Initiative have created a platform that would significantly extend the capabilities of central bank digital currencies.
Not only does the US Federal Reserve have no plans to issue a digital currency, but it has repeatedly said it wouldn't do so without authorisation from Congress. How closely the digital currency may imitate physical cash is still a wide-open question that can only be answered through research and testing.
Nearly half of the people on the list are women, including our new number one—Maura Healey, the state’s first woman elected governor.