Sharon Bowen, a former Commissioner at the United States Commodities Futures Trading Commission, today said that the U.S. was falling behind other nations that are working on a central bank digital currency, or CBDC.
During a webinar hosted by the consultancy firm Accenture (NYSE:ACN), Bowen — currently a board member at Intercontinental Exchange (NYSE:ICE) — said that a CBDC would help the U.S. dollar maintain prominence in the world economy.