Wall Street Says a Fed Digital Dollar Spells Destruction for Banks

https://www.coindesk.com/resizer/0OXvvhRn-t2qyQGgxSNs0mIm8sc=/800×600/cloudfront-us-east-1.images.arcpublishing.com/coindesk/6LPJC25KF5H33PPPRZIJ3GEDFA.jpgWall Street bankers are arguing that the Federal Reserve launching its own digital dollar could crack the foundations of banking as we know it, according to letters that industry lobbyists sent to the U.S. central bank.

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