Ex-Fed vice-chair Quarles has lost none of his fervor in opposing US CBDC
The former Federal Reserve official once again expressed his opposition to a United States central bank digital currency in a Tuesday podcast.
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Fed's Quarles says regulators should show 'constraint' on stablecoins to avoid hampering innovation
Quarles said some of the approaches on stablecoin regulation from the President's Working Group on Financial Markets’ November report are unnecessary.