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Pomp says US digital dollar needs to happen now

20.10.2020
The U.S. doesn't mind coming a bit late to the CBDC party, but is that the wrong approach?

New Zealand has no imminent plans to issue CBDC, says central bank exec

20.10.2020
Important questions about CBDCs remain unanswered for the Kiwi's central bank

Monetary Stability: The IMF and Fed Chair Jerome Powell Discuss Digital Currency Implications

19.10.2020
On Monday, the International Monetary Fund (IMF) published a report on crypto assets like central bank digital currencies (CBDCs) and global stablecoins (GSCs). Moreover, the IMF also hosted a virtual panel that discussed digital currencies and cross-border payments with the Federal Reserve Chair...

Major Meeting of Central Banks Produces Same Old ‘Evaluating’ CBDCs Refrain

19.10.2020
CBDCs continue to draw attention from central bankers, but panelists at an IMF event – including the Fed Reserve – do not expect to see their nations launch one soon

Better to get it right than to be first with CBDC, says US Fed chair

19.10.2020
The U.S. already has a “safe and active dynamic domestic payment system,” Powell argued

IMF, World Bank, G7 Countries to Create Central Bank Digital Currency Rules

13.10.2020
The United States, Canada, Britain, Germany, France, Italy and Japan will institute national digital currency banking standards with the International Monetary Fund and World Bank

Fed Reserve and 6 Other Central Banks Set Out Core Digital Currency Principles

9.10.2020
The seven central banks, along with BIS, have released a report setting out agreed core objectives that must be met by national digital currencies

Central banks detail CBDC expectations in massive joint document

9.10.2020
The report is a major step towards pushing central bank digital currencies forward

Fed Chairman Claims ‘Now Is Not the Time’ to Worry About the Federal Budget

7.10.2020
According to the Federal Reserve Chairman, Jerome Powell, the road to economic recovery is far from over and the Covid-19 pandemic has fueled the tragedy. During his speech at the National Association for Business Economics annual meeting, Powell highlighted that the federal budget was essentially...

$9 Trillion in Stimulus Injections: The Fed’s 2020 Pump Eclipses Two Centuries of USD Creation

5.10.2020
Since September 2019, research shows the Federal Reserve has pumped over $9 trillion to primary dealers by leveraging enormous emergency repo operations. A recently published investigative report shows the U.S. central bank submits the daily loan tally, but the Fed will not provide the public with...

Technology itself is deflationary, Diginex CEO says

2.10.2020
Answers on money printing and rising markets during a pandemic

Bitwise Bitcoin Fund Doubles to $9M as Investor Fears Grow Over Runaway Inflation

28.9.2020
Record fiscal stimulus has pushed wealthy investors to invest in Bitwise's bitcoin fund as a means to hedge against inflation

US Federal Reserve Actively Working on Digital Dollar

26.9.2020
The Federal Reserve Board of Governors and several Federal Reserve Banks are actively working on the digital dollar. Legislation has proposed that each American could have an account at the Fed for transacting in the central bank digital currency. Several Digital Dollar Initiatives The president...

First Mover: Federal Reserve, Congress Play Game of Chicken Over Stimulus as Market Lurches

24.9.2020
Markets from stocks to bitcoin have groaned amid dimming prospects for more U.S. stimulus, and neither Congress nor the Fed are taking the lead

Federal Reserve Bank reveals details of digital dollar research

24.9.2020
The Federal Reserve Bank has been exploring digital currencies to modernize the U.S. payments sector

UK Mulls Over Negative Interest Rates, US to Keep Near Zero Rates for Years

18.9.2020
The Bank of England is now seriously considering implementing negative interest rates while the U.S. Federal Reserve has pledged to keep interest rates near zero for years. Some analysts say even the Fed will soon consider negative interest rates. Meanwhile, many expect a boost to the price...