The Massachusetts Institute of Technology (MIT) and experts from the Federal Reserve Bank of Boston have released their research on the potential implementation of a digital currency in the United States, and the different approaches that could be used to make it happen. The 35-page white paper is part of a joint initiative launched in August 2020 that aimed to explore the feasibility of a Central Bank Digital Currency (CBDC) in the United States. It is the first phase of what the group has dubbed the “Hamilton Project,” intended only for research and not for public deployment. “It is importan…