More / Etherum Reddit - 1 year ago
US Treasury recommends exploring creation of a digital dollar
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More / Etherum Reddit - 1 year ago
submitted by /u/Willenskraft [link] [comments]
Cryptocoins News / The Cointelegraph - 1 year ago
The House members asked for clarification on whether the Fed may be considering an “intermediated model” for a digital dollar that could require authorization from Congress....
Bitcoin News / Bitcoin.com - 1 year ago
The non-profit organization promoting the creation of the digital dollar, the Digital Dollar Project, has announced the launch of a sandbox program to kickstart the probe of the technical implementations of the envisaged digital currency. The fintech...
Cryptocoins News / Blockchain - 1 year ago
The Digital Dollar Project (DDP) has announced the launch of its Technical Sandbox Program that will make further exploration into the potential of the technical exploration of a US CBDC or the Digital Dollar. (Read More)
Cryptocoins Exchanges / Coinbase - 1 year ago
TL;DR: Coinbase believes crypto will be part of the solution for creating an open financial system that is both more efficient and more equitable. We co-founded the Centre Consortium in 2018 to invest in the build of USDC, and since then it has becom...
Cryptocoins News / The Cointelegraph - 1 year ago
Connecticut House of Representatives member Jim Himes has released a proposal aiming to start a dialogue on the United States potentially launching a central bank digital currency, or CBDC.In a white paper released on Wednesday, Himes urged Congress...
by COINS NEWS - 1 year ago
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by COINS NEWS - 1 year ago
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by COINS NEWS - 1 year ago
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Cryptocoins News / Blockchain - 1 year ago
The American Banking Association (ABA) has with respect to the of a (CBDC) by the United States Federal Reserve, saying that "introducing a CBDC would be a deliberate decision to shift this balance to public money." The ABA said that it has not...
Cryptocoins News / Blockchain - 2 years ago
The Depository Trust & Clearing Corporation (DTCC), a US post-trade financial services company providing clearing and settlement services to the financial markets, announced on Tuesday that it is developing the first prototype in the industry to...
Cryptocoins News / Blockchain - 2 years ago
A group of U.S. lawmakers announced Monday that they introduced a law bill that calls for developing an electronic version of the U.S. dollar that has the same privacy expectations and legal status as . Supported by serval lawmakers, including Step...
by COINS NEWS - 2 years ago
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by COINS NEWS - 2 years ago
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Cryptocoins News / The Cointelegraph - 2 years ago
The world recently got a sneak peek at what a digital dollar, or at least one component of a hypothetical United States central bank digital currency (CBDC), might look like, courtesy of Project Hamilton, a collaborative effort of the Federal Reserve...
Cryptocoins Exchanges / Binance - 2 years ago
Last Tuesday, the US central bank, the Federal Reserve, kicked off the debate over the central bank's digital currency (CBDC). The 'Digital Dollar' was introduced by releasing a new white paper. This can be seen as a pretty healthy develo...
Cryptocoins News / The Cointelegraph - 2 years ago
Could stablecoins be undone by a Federal Reserve that takes consumer deposits? Would retail banks be hobbled? During Jerome Powell’s Jan. 11 United States Senate confi...
Cryptocoins News / The Cointelegraph - 2 years ago
"The Federal Reserve would only pursue a CBDC in the context of broad public and cross-governmental support," said the recently published paper. The U.S. Federal Reser...
Cryptocoins News / CoinJournal - 2 years ago
Powell says nothing would prevent a well-regulated stablecoin from coexisting with a US CBDC. He also revealed that a much-awaited report on cryptocurrencies was ready for release within weeks. Cryptocurrencies and a US central bank digital cur...
by COINS NEWS - 2 years ago
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Cryptocoins News / The Cointelegraph - 2 years ago
Such a move would require broad consensus among Congress, the U.S. central bank and the White House. U.S. Treasury Secretary Janet Yellen has given her opinions on t...
Cryptocoins News / The Cointelegraph - 2 years ago
“The idea of having a tokenized dollar that is capable of being exchanged on a peer-to-peer basis on a platform where developers can innovate and develop new products and services... I th...
Cryptocoins News / The Cointelegraph - 2 years ago
At a November 2020 virtual conference, Rob Kaplan said "it is critical that the Fed focuses on developing a digital currency in the coming months and years." Rob Kapl...
Bitcoin News / Bitcoin.com - 2 years ago
Federal Reserve Chairman Jerome Powell has shared the progress of the Fed’s work on a central bank digital currency (CBDC), the digital dollar. “We are working proactively to evaluate whether to issue a CBDC and, if so, in what form...
Cryptocoins News / The Cointelegraph - 2 years ago
Fed Chair Jerome Powell says there is no pressure to rush any central bank digital currency development plans. The United States Federal Reserve is still evaluating th...