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U.S. Treasury Secretary Janet Yellen has commented on the potential of the digital dollar, but is hesitant to draw conclusions at this stage of the procedure. Yellen he said it did not comment on Thursday whether the Federal Reserve should create a digital version of the dollar, but the move would require a broad consensus between Congress, the U.S. central bank and the White House.
The Federal Reserve comes after the latest reports that are currently being investigated electronic version of the green ticket it would be beneficial. Yellen said he sees the pros and cons of the digital dollar. Although he has reflections on its implementation, he believes that more research needs to be done before providing specific answers.
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