A congressional letter sent to the heads of four federal agencies expressed an urgent need for the Biden administration to continue combating ransomware. This includes a particular focus on the cryptocurrency infrastructure that is enabling these cyberattacks, four Democratic lawmakers say.
Fed Chair Says Central Bank Evaluating Digital Currency
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The U.S. Federal Reserve said Wednesday it is continuing to evaluate the creation of a central bank digital currency, or CBDC, and that it intends to publish research on the subject shortly, according to Chair Jerome Powell.