New Instant Digital Payments System Isn’t a CBDC, Feds Say — But Critics Say It’s Still About Control • Children's Health Defense

fednow government control digital payment feature

New Instant Digital Payments System Isn’t a CBDC, Feds Say — But Critics Say It’s Still About Control

The Federal Reserve pushed back against claims that its FedNow system is equivalent to a CBDC, but critics say the aim is the same: government control over the financial system.