Zero Hedge: The report comes as the Fed takes an increasing interest in digital currency. As Cointelegraph reported earlier this month, the central bank is currently looking for a dedicated research manager for the sphere, as China prepares to launch its state-backed digital currency. At the same time, a former advisor to U.S. President Donald Trump revealed last month he plans to issue his own stablecoin, which is not fully backed by reserves. U.S. lawmakers have sought to vet existing stablecoin offerings, notably
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