The Fed is advancing its efforts to develop a digital currency - and says it will publish a research report this summer

Reuters
Fed Chair Jerome Powell revealed on Thursday that the central bank has taken further steps in its exploration of a digital currency.
Powell said the Fed will release a research report this summer outlining their current thinking on digital payments.
The Fed chief also said cryptocurrencies have not found a way to make payments convenient, blaming their volatile price swings.
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Federal Reserve Chair Jerome Powell on T