Cultural News for Christians

FedNow Program Starts in July

FED ROLLS OUT INFRASTRUCTURE FOR CBDC- The Federal Reserve announced plans to launch their FedNow program, which promises to allow banking to happen instantaneously. The infrastructure has been built over the past three years.  It is ostensibly being created to combat the threat of CBDs being used by competing monetary systems (like China), but others believe it is the first step towards the creation of a U.S.-government-backed CBDC. read more

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