Why Bankers Need to Pay Attention to CBDCs—Or Else
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James Reuter, the CEO and President of $26.7 billion-asset FirstBank in Lakewood, Co., believes bankers had better wake up to the debate over a U.S. central bank digital currency before it’s too late. He argues that the Fed is almost certain to act, but how it does so could determine the fate of banking.
Why Bankers Need to Pay Attention to CBDCs—Or Else