While not every lawmaker was on board with the idea of a central bank digital currency during a Senate Banking Committee hearing Tuesday, no one explicitly rejected it either.
Witnesses Will Vouch for Stablecoins, Digital Dollars in US Senate Hearing Tuesday
Witnesses will discuss stablecoins and tokenized dollars during Tuesday’s Senate Banking hearing on the digitization of money.
US Fed Chair Says Private Entities Should Not Help Design Central Bank Digital Currencies
Federal Reserve Chairman Jerome Powell said he believes central banks would have to design and implement CBDCs, not private entities.
Digital Dollar? Get Real, Financial Inclusion Advocates Tell Congress
Currently just a flashy idea, the digital dollar is competing with duller but proven methods for the job of getting stimulus funds to every U.S. resident.
National Science Foundation Funds Research Into Crypto Dollars
The National Science Foundation has given blockchain startup KRNC $225,000 to design cryptocurrency features for the U.S. dollar.
WATCH: US Lawmakers Will Talk Digital Dollar, FedAccounts in Thursday Hearing
The “digital dollar” concept will take the spotlight Thursday as House Financial Services Committee members discuss how best to issue stimulus funds.
Digital Dollar Project Calls for 2-Tiered Distribution System in First White Paper for US CBDC
The Digital Dollar Project’s first white paper describes how a two-tiered system underpinning a tokenized dollar could modernize the U.S. financial system.
How the COVID-19 Crisis Revived the Digital Dollar Debate
Some Americans are still waiting for stimulus support. Would a digital dollar have helped disburse funds? Here’s a breakdown of the debate.
How the COVID-19 Crisis Revived the Digital Dollar Debate
Some Americans are still waiting for stimulus support. Would a digital dollar have helped disburse funds? Here’s a breakdown of the debate.
Digital Dollars Give the State Too Much Control Over Money
Arming the Federal Reserve with a digital dollar would harm the free market, says Max Raskin, an NYU adjunct professor of law.
Digital Dollars Give the State Too Much Control Over Money
Arming the Federal Reserve with a digital dollar would harm the free market, says Max Raskin, an NYU adjunct professor of law.
Digital Dollars Can Reduce Unemployment, Here’s How
A blueprint for a central bank digital currency designed with a specific purpose: stopping layoffs.
Digital Dollar Project: Don’t Rush Digital Dollar During COVID-19 Crisis
The ex-chairman of the CFTC says a digital dollar should be a priority for the U.S. But he cautions against expediting the initiative during the pandemic.
‘Digital Dollar’ Reintroduced by US Lawmakers in Latest Stimulus Bill
The idea of a digital dollar was again floated by U.S. lawmakers as a means of issuing stimulus payments to residents.
BIS Researchers Say Coronavirus Could Spur Central Banks to Adopt Digital Payments
BIS researchers think COVID-19 may accelerate the adoption of digital payments and sharpen the debate over central bank digital currencies.
How Central Banks Could Use Digital Cash to Deliver Universal Basic Income
Central banks are well placed to deliver regular, no-questions-asked monthly payments to everyone, and to manage any ensuing inflation.
How a Flurry of ‘Digital Dollar’ Proposals Made It to Congress
Law professors who’ve long pushed for a digital dollar worked with Congress to bring the concept to a series of coronavirus relief bills earlier this week.
Chris Giancarlo’s Digital Dollar Project Names Ex-Treasury, CFTC Officials to New Board
The Digital Dollar Foundation has tapped a number of former government officials and industry experts as advisors as it looks to design and promote a U.S. CBDC.
The Overton Window Opens for a Digital Dollar
As the federal government looks for ways to distribute coronavirus aid, support for a digital dollar is gaining steam in Washington D.C.
The Pandemic Gives Digital Currencies Another Chance to Shine
The pandemic gives digital currencies another chance to shine. Which of CBDCs, bitcoin, or Libra will step up?