The digital dollar was excluded from the latest version of the bill aimed at stimulating the Americaneconomy against the backdrop of the coronavirus pandemic.
Previously, the US Democratic Party plannedinclude in the bill a digital dollar wallets system that will be managed by federal reserve banks. It was assumed that the system will be used to make payments to residents of the United States who meet certain criteria.
The updated version of the bill "On supportWorkers and Families ”is already 1,400 pages, but the digital dollar clause was removed This scenario has already been allowed, because the creation of a digital dollar raises a number of questions, including the need to develop appropriate infrastructure.
The previous version of the document said thatPayments may not be made in digital dollars, but by check. This part of the bill has also been amended, since it is now planned to implement an advance tax refund through the Ministry of Finance.
Digital dollar clause stillcontained in another bill, which is also associated with financial assistance to certain economic entities. However, a source familiar with the situation said that, most likely, information about the digital dollar will be removed from this document.
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