I've made a few posts about this with people in the industry explaining how Fed now is inserting themselves between your bank, and the purchase company. This is the new payment processor. And it's programmable. Which means they can decline purchases THEY don't want you to make.
I've linked explanation threads with people from the industry explaining. Currently they can see, but they don't care. FedNow is programmable. With means it can prevent payments from processing.
I've made a few posts about this with people in the industry explaining how Fed now is inserting themselves between your bank, and the purchase company. This is the new payment processor. And it's programmable. Which means they can decline purchases THEY don't want you to make.
I've linked explanation threads with people from the industry explaining. Currently they can see, but they don't care. FedNow is programmable. With means it can prevent payments from processing.
Everything is already digital/computerized. Its just some word play to get in the middle and control what you can and cannot do with your money.
If you have a bank account with The Fed then it is a CBDC, the blockchain is not really required.