Wall Street Banks Brace for Digital Dollars as The Next Big Disruptive Force

• Wall Street Banks Brace for Digital Dollars as The Next Big Disruptive Force
  by Jeff Cox, https://www.cnbc.com/world/
  * Wall Street banks view central bank digital currencies as the next big financial disruptor.
  * Countries as large as China and as small as the Bahamas have instituted these digital currencies.
  * In the U.S., the Federal Reserve is taking a cautious approach though it has launched a project with MIT.
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  Wall Street is warming up to the idea that the next big disruptive force on the horizon is central bank digital currencies, even though the Federal Reserve likely remains a few years away from developing its own.
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  Led by countries as large as China and as small as the Bahamas, digital money is drawing stronger interest as the future of an increasingly cashless society. A digital dollar would resemble cryptocurrencies such as bitcoin or ethereum in some limited respects, but differ in important ways.
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