BitDigest February 25 · Issue #849
Feb 25, 2021
Author
- Digital asset pricing regains support at $1.5 trillion level
- Powell says Congress must approve digital dollar
- East Caribbean Central Bank announces first digital currency transaction
Weekly Stock Review
Fed needs to learn from decentralized networks
🅱️Yesterday, we observed the Federal Reserve’s system for interbank payments experience technical failures causing payment delays across the system. Hopefully as Fed Chair Jerome Powell and Treasury Secretary Janet Yellen continue to comment on the evolving  role of digital currencies, they can also address the fact that decentralized networks do not have single-points of failures like they just experienced.