WebApr 7, 2024 · Updated: 6:11 PM EDT April 7, 2024. The Federal Reserve announced on March 15 that a payment service called FedNow will launch in July 2024. That’s led to online claims, including this one from Robert F. Kennedy, Jr., equating FedNow to a central bank digital currency (CBDC) . VERIFY reader Wanda also asked if claims that FedNow creates … WebJan 21, 2024 · Bitcoin’s decline since that November high has wiped out more than $600 billion in market value, and over $1 trillion has been lost from the aggregate crypto market. While there have been much ...
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FedNow 2024 launch doesn’t create U.S. digital currency
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