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Former Federal Reserve Governor Supports ‘FedCoin’ Project

Kevin Warsh, a former U.S. Federal Reserve governor, recently told The New York Times the Fed should give serious consideration to releasing a government-sponsored cryptocurrency — commonly called a “FedCoin.” Warsh is among a group of investors in Basis, formerly Basecoin, a cryptocurrency designed with an algorithmic central bank that will keep the price stable.

The post Former Federal Reserve Governor Supports ‘FedCoin’ Project appeared first on CCN

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