Federal Reserve Board member: The Fed is not eager to design the central bank's digital currency

According to BitcoinExchangeGuide, US Federal Reserve Board member Lael Brainard said in an interview recently that Libra will be a global project, but Facebook is not a very trusted company. Before Libra can make a single transaction, the company must Overcoming the core issues of regulation and law may complicate Facebook's plans, and the Fed is not really anxious to design its own central bank digital currency (CBDC), as it will raise legal and operational questions. If not managed well, cryptocurrencies and stable currencies issued by non-sovereign institutions like Libra may pose a risk to financial stability.