Digital Dollar

Federal Reserve Governor Says CBDC Risks Likely Greater Than Benefits

Federal Reserve Governor Says CBDC Risks Likely Greater Than Benefits
Federal Reserve Governor Says CBDC Risks Likely Greater Than Benefits
April 18, 2023  |  CBDC

It’s unlikely that the benefits of a central bank digital currency (CBDC) would be greater than the potential risks. So said Federal Reserve Governor Michelle...

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Sen. Ted Cruz Introduces Bill Prohibiting Fed From Developing CBDC
Sen. Ted Cruz Introduces Bill Prohibiting Fed From Developing CBDC
March 22, 2023  |  CBDC

Bills opposing a central bank digital currency (CBDC) in the U.S. have been introduced at both the federal and state level. Sen. Ted Cruz, R-Texas,...

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Florida Gov. Ron DeSantis Proposes Banning Using CBDCs as Money
Florida Gov. Ron DeSantis Proposes Banning Using CBDCs as Money
March 20, 2023  |  CBDC

Florida Gov. Ron DeSantis wants to ban central bank digital currencies (CBDCs). DeSantis has proposed legislation that would prohibit the use of both federal and...

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Cash Use and Crypto Fears Have Countries Turning to CBDCs
Cash Use and Crypto Fears Have Countries Turning to CBDCs
February 08, 2023  |  CBDC

The way people pay for things is changing as the nature of money itself transforms. Fearing they may one day be left behind as digital,...

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Crypto’s Pain Is CBDC and Digital Dollar’s 2022 Gain
Crypto’s Pain Is CBDC and Digital Dollar’s 2022 Gain
December 28, 2022  |  CBDC

One surprising digital dollar asset had a great 2022, and it wasn’t cryptocurrency. While the past year saw the value of the crypto market shrink...

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Boston Fed, MIT Study Paints Path Forward for Digital Dollar
Boston Fed, MIT Study Paints Path Forward for Digital Dollar
December 22, 2022  |  Cryptocurrency

A U.S. digital dollar is possible, and researchers have built the framework to prove it. That’s according to a multi-year project from the Federal Reserve...

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Treasury Official: No Hurry for US to Adopt Digital Dollar
Treasury Official: No Hurry for US to Adopt Digital Dollar
December 21, 2022  |  CBDC

A leading U.S. Treasury official says the digital dollar could still be years away. U.S. regulators must first determine whether a central bank digital currency...

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Fed Governor: CBDC Not Crucial to Supremacy of Dollar
Fed Governor: CBDC Not Crucial to Supremacy of Dollar
October 14, 2022  |  Cryptocurrency

The creation of a central bank digital currency (CBDC) in America is probably not that crucial to ensuring the supremacy of the U.S. dollar, Federal...

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