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Oct 7, 2021

The Fed is considering making digital currency, but what does that entail?

Also today: A lawyer in Atlanta came up with an unusual solution to the debt-ceiling saga among lawmakers: A platinum coin with a Treasury-sanctioned value of $1 trillion that could be plopped into the Treasury’s bank account with the Fed. The Department of Justice has new measures to tackle cybersecurity.

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There’s a glitch in the direct payments system: For some taxpayers, the IRS has out-of-date bank account information.
There’s a glitch in the direct payments system: For some taxpayers, the IRS has out-of-date bank account information.
Olivier Douliery/AFP via Getty Images

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The Fed is considering making digital currency, but what does that entail?