By Nicole DeSantis (April 27, 2022, 5:29 PM EDT) – There was a time when digital technology was the rising tech in television, and now high definition television is a given and widely appreciated by masses of media watchers.

Now, the word “digital” is making its inroads into the financial world, and like it or fear it, it seems here to stay. This article explores the long-awaited discussion paper released by the Federal Reserve Board, or FRB, on the potential application of a central bank digital currency, or CBDC.

The article also includes key considerations from the recent executive order signed by President Joe Biden on March 9, which directs various…

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