Who is calling for a national cryptocurrency? Congressmen French Hill & Bill Foster
Who are the Congressmen asking to authorize a national cryptocurrency? Chairman of the Federal Reserve System
Why a national crypto currency?
- to bolster the dollar’s strength
- other countries are doing it:
- Sweden has an electronic krona
- Uruguay an electric peso
- The Central Bank of China is unveiling an electronic currency in 2020
- Private Sector in the US is also creating digital currencies including JP Morgan & Wells Fargo
Cryptocurrency Post | US Congress calls on Fed to consider creating “national digital currency”