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CoinDesk

2023-02-28 23:22:26

Ex-Biden Adviser Said Administration Was Pushing for Digital Dollar

Ex-Biden Adviser Said Administration Was Pushing for Digital Dollar

A recent top economic advisor for President Joe Biden, Daleep Singh, told U.S. senators on Tuesday that the administration was in active pursuit of a digital dollar as a means to crowd out private cryptocurrencies that enable ransomware and sanctions violations.

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