Digital Dollar Financial News

17.10 / 18:59

Stablecoin CBDC regulation Federal Reserve Digital Dollar Dollar Fed governor Bowman doubles down on CBDC skepticism, likes stablecoin no better

Federal Reserve Board governor Michelle Bowman shared her views on financial innovation in a speech at Harvard Law School on Oct. 17. Bowman has spoken several times on the topic, and her position seems to be growing more bearish.

17.11 / 06:03

Blockchain CBDC Adoption Digital Currency Digital Dollar Singapore central bank to trial live wholesale CBDC for settlements

A pilot program for a live Singapore dollar-based central bank digital currency (CBDC) was unveiled by Singapore’s central bank with a wholesale CBDC to be used by local banks for settlements.

21.09 / 04:31

CBDC Digital Dollar us house committee US House Committee Passes Bill to Block Digital Dollar Launch

A bill designed to block the potential launch of a US central bank digital currency (CBDC) has progressed to the floor of the US House of Representatives following the house committee approval on Wednesday.

18.09 / 05:47

CBDC Digital Dollar us house services committee Financial US House Financial Services Committee Advances Bill to Block Digital Dollar Launch

The United States House Financial Services Committee is going forward with the legislative measures aimed at controlling the issuance of a digital dollar.

17.09 / 16:59

CBDC regulation Digital Dollar lawmakers US lawmakers US lawmakers advance legislation blocking the digital dollar

The United States House Financial Services Committee is moving forward with legislation aimed at preventing the issuance of a central bank digital currency.

13.09 / 06:47

CBDC Digital Dollar lawmakers Republican Lawmakers Reintroduce CBDC Anti-Surveillance State Act to Block Digital Dollar

U.S. Congressman Tom Emmer, with the support of 49 Republican lawmakers, reintroduced the CBDC Anti-Surveillance State Act.

07.09 / 20:15

Government CBDC regulation Digital Dollar hearing committee House committee will reopen discussions on digital dollar in Sept. 14 hearing

The United States House Financial Services Subcommittee on Digital Assets, Financial Technology and Inclusion will be holding a hearing discussing central bank digital currencies (CBDCs) for the first time in months.

25.08 / 08:35

business Stablecoin Altcoin Tether Digital Dollar Dollar Tether maintains $3.3B in liquidity cushion: USDT transparency report

Stablecoin issuer Tether maintains a liquidity cushion of nearly $3.3 billion to provide stability to the Tether ecosystem and garner trust among shareholders.

03.08 / 21:55

CBDC Adoption Digital Dollar Digital Dollar Project completes CBDC retail remittance pilot with Western Union

The Digital Dollar Project (DDP) announced the completion of a pilot study of remittance payments to the Philippines using a simulated retail central bank digital currency (rCBDC). Western Union and BDO Unibank were partners in the project.

15.07 / 17:05

CBDC Adoption regulation Central Bank Digital Dollar Ron DeSantis vows to ban CDBCs in the US if elected president

United States presidential candidate Ron DeSantis once again criticized central bank digital currencies (CBDCs), arguing against the possibility of a digital dollar in the country.

13.05 / 16:05

CBDC Central Bank Digital Dollar CBDCs Banned in Florida as Governor Ron DeSantis Signs New Bill

Florida Governor Ron DeSantis has signed a new bill banning central bank digital currencies (CBDCs) in the state.

09.05 / 01:23

CBDC Adoption Central Bank Digital Dollar Bank of Canada Canada's central bank asks citizens what they want in a digital dollar

Canadians are being asked to submit what features they want included in a potential digital Canadian dollar with the country’s central bank opening a consultation to the public.

13.04 / 15:19

regulation SEC Digital Dollar lawmaker 'Nothing is a coincidence with the government,' claims US lawmaker on Operation Choke Point 2.0

United States Congressman Byron Donalds criticized the country's regulatory agencies on April 12 at the NFT.NYC 2023 conference in New York. According to Donalds, agencies like the Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC) and others are being used to activate "Operation Choke Point 2.0" by limiting crypto business access to banking services.

22.02 / 19:21

CBDC regulation Federal Reserve Congress Digital Dollar lawmaker US lawmaker introduces bill aimed at limiting Fed's authority on digital dollar

Minnesota Representative Tom Emmer has introduced legislation in the United States House of Representatives that could limit the Federal Reserve from issuing a central bank digital currency, or CBDC.

26.12 / 22:47

CBDC Adoption Federal Reserve Digital Dollar Project Hamilton has concluded, weeks after legislators’ enquiry, according to Boston Fed

Project Hamilton, the research project of the United States Federal Reserve Bank of Boston and Massachusetts Institute of Technology (MIT), announced its conclusion in the runup to Christmas. The two-year project looked at the technical aspects of a hypothetical United States digital dollar central bank digital currency (CBDC).

02.12 / 01:51

CBDC Adoption Digital Dollar Clearing company tests out securities transaction settlements on blockchain networks

The Digital Dollar Project (DDP) and the Depository Trust & Clearing Corporation (DTCC) released the results of their Security Settlement Pilot project Nov. 30. The project tested a simulated digital U.S. dollar in transactions with tokenized securities on a blockchain network under real-world conditions.

04.05 / 00:33

CBDC regulation Federal Reserve Digital Dollar Lost Ex-Fed vice-chair Quarles has lost none of his fervor in opposing US CBDC

Former United States Federal Reserve vice-chair for supervision Randal Quarles discussed central bank digital currencies (CBDC) and the chances of the U.S. adopting such technology in an interview on the "Banking With Interest" podcast Tuesday. Quarles, who is known for his opposition to a CBDC, expressed his skepticism about the so-called digital dollar and predicted the U.S. will not introduce it.

11.03 / 09:55

Digital Dollar Fed US Federal Reserve Dollar What would be the impact of a US 'digital dollar'?

dollar, a move with the potential to reshape how money is moved and used around the world. Before his order results in a virtual greenback, there will be numerous major impacts — and risks — to consider first. Here are some key questions:

11.03 / 02:15

crypto news Digital Dollar Bitcoin Biden orders government to study digital dollar, other cryptocurrency risks

digital dollar, as well as other cryptocurrency issues, the White House said.Bitcoin surged on the news as the administration's holistic and deliberative approach calmed market fears about an immediate regulatory crackdown on cryptocurrencies. In midday trading, bitcoin rose 9.1% to $42,280, on track for its largest percentage gain since Feb. 28. Biden's order will require the Treasury Department, the Commerce Department and other key agencies to prepare reports on «the future of money» and the role cryptocurrencies will play.

10.03 / 10:25

cryptocurrency Digital Apple Digital Dollar What Would Be The Impact Of A US "Digital Dollar"?

US president Joe Biden has ordered the federal government to look into creating a digital dollar

21.01 / 16:08

CBDC Federal Reserve Digital Dollar US Fed Wants Answers To 22 Questions About Digital Dollar

The US Federal Reserve (Fed) has released its digital dollar whitepaper, and is seeking answers to 22 questions related to its central bank digital currency (CBDC) project from a wide range of stakeholders.

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