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Subscriber OnlyBusinessweekFinanceFederal Reserve’s Digital Dollar Push Worries Wall StreetBoston Fed, MIT researchers plan to unveil platform work soonProject could threaten banks, credit cards, cryptocurrenciesPowell Says Fed Isn't in a Rush to Adopt a Digital CurrencyByJoe Light+FollowMarch 22, 2021, 6:00 AM UTCUpdated onMarch 22, 2021, 4:01 PM UTCFromThe financial services industry, braced for what could be its biggest disruption in decades, is about to get an early glimpse at the Federal Reserve’s work on a new digital currency.Wall Street is not thrilled.
