Two visions for the 'digital dollar' seek the same thing: a public option for money

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Quick Take

  • U.S. lawmakers held a hearing today as part of a task force on financial technology
  • The discussion centered around the unbanked, digital payments, and whether a “public option for money” is needed
Does the U.S. really need a digital dollar? That question figured prominently in the background of a “virtual hearing” held Thursday by members of the U.S. House of Representatives.
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