Janet Yellen, U.S. Treasury Secretary has offered her views on potential digital dollars but she is hesitant at the moment to make any decisions. YellenOn Thursday, she stated that her view was not formed on whether or not the Federal Reserve should make a digital dollar. However, such a move requires broad consensus from Congress, the U.S. central banking and the White House.

The Federal Reserve has recently reported that it is investigating whether there are any upcoming changes to the Federal Reserve’s policy. Version electronic of the greenbackIt would be a good idea. Yellen indicated that there are pros and con to the digital currency. She has thoughts about its implementation but feels that more research is needed before she can make any definitive answers.