https://www.techdirt.com/articles/20220126/22593748365/feds-central-bank-digital-currency-report-falls-flat.shtml

It took nearly a year, but the Federal Reserve has finally released its report on central bank digital currencies (CBDCs). The report fails to live up to the Fed's hype. If anything, it shows a CBDC is a solution in search of a problem.

The 40-page report contains so little information, it makes you wonder what the Fed has been working on for all this time. To be fair, the report does offer an idea of how the Fed envisions a CBDC taking shape, but their vision is a bad one. The Fed may have finally made good on its promise to deliver a report, but it has a long road ahead if it intends to deliver a CBDC.