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Nalezeno "Digital Dollar": 312

Fed Chair Powell Provides Update on US Central Bank Digital Currency

10.3.2023
Federal Reserve Chairman Jerome Powell has provided an update on the Fed’s central bank digital currency (CBDC) work in a hearing before the House Financial Services Committee. While stating that the Fed is “making progress on technological issues,” Powell stressed that...

Senior U.S. House Republican Says CBDCs Could Be ‘Weaponized’ as Political Tool

9.3.2023
One of the top Republican lawmakers, Rep. Tom Emmer (R-Minn.), is campaigning to stop what he argues is the intent of President Joe Biden’s administration to set up a digital dollar that could be deployed to collect information about citizens’ financial lives

Top Official Says US Treasury Assessing Viability of Digital Dollar – Here's the Latest

2.3.2023
The US is actively evaluating whether a digital version of the dollar is in the national interest, the US Treasury Department's undersecretary for domestic finance, Nellie Liang has said. The work to assess the viability of a digital dollar – a form of central bank digital currency (CBDC) – is...

Top US Treasury Official Says Leaders ‘Actively Evaluating’ Digital Dollar Question

1.3.2023
Nellie Liang, the U.S. Treasury Department's undersecretary for domestic finance, suggested that the federal government’s work on a potential digital dollar is accelerating, saying leaders from various agencies and White House offices are starting meetings in the “coming months.”

Former Biden Advisor Reveals Administration's Drive Towards Digital Dollar – What's Going On?

1.3.2023
A former top economic adviser for President Joe Biden has revealed that the administration is pushing to launch a digital dollar in a bid to “crowd out” private cryptocurrencies. During a Tuesday Senate Banking Committee hearing, Daleep Singh, a former deputy national security adviser...

US lagging on CBDCs could spell ‘trouble’ — Crypto Council policy head

1.3.2023
Fanusie doesn’t believe the Chinese-led CBDC movement on the global stage will replace the U.S. dollar, but it may cause a series of geopolitical headaches

Ex-Biden Adviser Said Administration Was Pushing for Digital Dollar

1.3.2023
A recent top economic advisor for President Joe Biden, Daleep Singh, told U.S. senators on Tuesday that the administration was in active pursuit of a digital dollar as a means to crowd out private cryptocurrencies that enable ransomware and sanctions violations

US Lawmaker Launches CBDC Anti-Surveillance State Act to Protect Americans’ Right to Financial Privacy

24.2.2023
U.S. Congressman Tom Emmer has introduced the Central Bank Digital Currency (CBDC) Anti-Surveillance State Act “to halt efforts of unelected bureaucrats” from “stripping Americans of their right to financial privacy.” The bill also prohibits the Federal Reserve “from...

US lawmaker introduces bill aimed at limiting Fed's authority on digital dollar

22.2.2023
If passed, the legislation could prohibit the Fed from issuing a digital dollar “directly to anyone”, as well as bar the bank from implementing monetary policy based on a CBDC

Digital Dollar Project urges US to take action on CBDC development

18.1.2023
The foundation set up by “Crypto Dad” Christopher Giancarlo released a new version of its CBDC white paper with new warnings about maintaining U.S. leadership

Digital Dollar Project Warns on U.S.'s Cautious Approach to CBDCs

18.1.2023
The DDP's white paper called the U.S.'s approach to CBDCs an "unsustainable position."

Ethereum’s Dominance on the Rise: Market Share Increases by 3% Among Global Crypto Assets

11.1.2023
Since Dec. 31, 2022, ethereum’s market dominance has increased by more than 3% among the thousands of crypto assets worldwide, valued at roughly $856 billion on Jan. 11, 2023. According to coinmarketcap.com, a popular coin market capitalization aggregation site, ethereum’s crypto...

Digital Dollar Will Come Eventually, Expert Says

28.12.2022
Michael Greco, policy research director at the Digital Dollar Project (DDP) and Josh Lipsky, senior director of the Atlantic Council’s GeoEconomic Center, discuss why the development of a central bank digital currency in the U.S. may only be a matter of time

Digital Dollar Will Come Eventually, Lobbyist Says

Project Hamilton has concluded, weeks after legislators’ enquiry, according to Boston Fed

26.12.2022
The two-year project produced a white paper in February; research results will continue to appear, with the Fed’s partner at MIT scheduled to make a research report in January

Coinbase Entices Users to Switch From USDT to USDC, Crypto Firm Says Recent Events ‘Put Some Stablecoins to the Test’

9.12.2022
Coinbase, one of the largest cryptocurrency firms in the industry, has published a blog post that tells users to “switch to the trusted and reputable digital dollar,” referring to the stablecoin asset usd coin. The company’s blog post specifically mentions switching...

US Lawmakers Say Any Digital Dollar Must Be Open, Permissionless, and Private

3.12.2022
Nine U.S. lawmakers have raised concerns regarding the U.S. central bank digital currency project led by the Federal Reserve Bank of Boston. The lawmakers stressed: “Any U.S. CBDC must be open, permissionless, and private.” Congressmen Say Any US CBDC Must Be Open, Permissionless,...