Central Bank digital currencies: Will they live along side bitcoin, and other more common forms of … [+] financial transactions? Or will they be the ultimate form of payment to the detriment of ...
Tag: digital dollar
New York Fed and leading banks start regulated liability network pilot
Leading global banks kicked off a 12-week pilot together with the New York Federal Reserve. The project was first reported by The Block. The so-called regulated liability network will se...
Federal Reserve governor pumps the brakes on US CBDC in favor of FedNow
A leader at the Federal Reserve is pumping the brakes on speculation surrounding crypto engagement from the regulator. In an August 17 speech, Federal Reserve Governor Michelle Bowman took issue with ...
CEO Behind $50 Billion Stablecoin Explains Why Not All Digital Dollars Are Created Equal
Circle CEO Jeremy Allaire Circle Financial Jeremy Allaire is CEO of Circle, one of the primary issuers of the dollar-pegged USD Coin, one of the fastest growing stablecoins in the world. With a market...
With Russia War On The Brain, Could Congress Levy A Kill Shot To DeFi?
Sen. Elizabeth Warren, D-Mass., talks with Chairman of the Joint Chiefs of Staff Gen. Mark Milley … [+] ahead of the State of the Union address on March 1, 2022, in Washington. (Win McNamee, Poo...
Fed Designs Digital Dollar That Handles 1.7 Million Transactions Per Second
As the race against China’s development of its central bank digital currency (CBDC) known as the digital yuan continues, the U.S. Federal Reserve accomplished a feat in testing a design for a U.S. dig...
Why The US Is Taking So Long To Build A Digital Dollar
conceptual finance image of American one hundred dollar bill and binary code of one and zero getty What Happened On January 20th 2022, the US Federal Reserve Board released its initial concept paper f...