Digital Dollar

Jerome Powell: I’m ‘Undecided’ on the Benefits of CBDCs

The Federal Reserve chair said "the more direct route" would be to regulate stablecoins.

Markets  ·  15 July 2021

Fed’s Powell May Have Met With Coinbase CEO in May

Brian Armstrong is listed on the central bank's calendar, public records show.

News  ·  2 July 2021

Elizabeth Warren, US Lawmakers Put Bitcoin on Trial in Senate CBDC Hearing

While a Senate Banking Committee hearing ostensibly focused on central bank digital currencies, bitcoin’s role in the ecosystem drew much of the attention.

News  ·  10 June 2021

Digital Dollar Should Be ‘Actively Explored,’ Says Former CFTC Chairman

Maintaining users' privacy is a key design focus, according to Massad. "We're not China."

News  ·  2 June 2021

US Lawmakers Introduce Bill to Require Digital Dollar Updates

A bipartisan bill would require the U.S. Treasury secretary to publish a report on the dollar's role in the global economy, as well as how central bank digital currency efforts are proceeding.

News  ·  26 May 2021

Binance’s Brian Brooks: Digital Dollar ‘More a Discussion Than a Reality’

Building central bank digital currencies is not the American way, said the former Acting Comptroller of the Currency on CoinDesk TV today.

Policy & regulation  ·  26 May 2021
Federal Reserve

Fed’s Brainard Breaks Down CBDC Policy Considerations, Sees Price Pressures Waning in the Future

The Federal Reserve governor discussed cryptocurrencies and a digital dollar at Consensus 2021.

People  ·  24 May 2021

State of Crypto: Meet Lael Brainard, the Fed’s CBDC Champion

Last year, Federal Reserve Governor Lael Brainard announced the Boston branch of the U.S. central bank was exploring a digital dollar. She’ll be speaking next week at Consensus.

Policy & regulation  ·  18 May 2021

A Central Bank Digital Currency Would Be Bad for the US

Calls to "catch" China on digital currency downplay the promise of open financial technology, says Circle's head of global policy.

Policy & regulation  ·  17 May 2021

Former CFTC Boss’ Digital Dollar Project Ready to Kick Off First US CBDC Tests

The Digital Dollar Project's first five pilots will launch during the next year.

News  ·  3 May 2021

Fed Chair Powell: Digital Dollar Would Need Stronger Privacy Than Digital Yuan

“The lack of privacy in the Chinese system is just not something we could do here,” Powell told a House committee.

Policy & regulation  ·  24 March 2021
Federal Reserve

Federal Reserve’s Powell Says CBDCs ‘Need to Coexist With Cash’

The Fed chairman spoke at a virtual payments conference hosted by the Basel Committee on Banking Supervision.

Business  ·  18 March 2021

State of Crypto: It’s Time to Talk About NFTs and Intellectual Property Law

NFTs are all the rage right now, but buyers and sellers should be aware of the different regulatory frameworks that might govern these assets.

Policy & regulation  ·  9 March 2021
Federal Reserve

Sen. Sherrod Brown Says US Should ‘Lead the Way’ on CBDCs, Disses Diem and Bitcoin

“We cannot be left behind,” Brown wrote about other nations’ central bank digital currency efforts.

Policy & regulation  ·  5 March 2021
Federal Reserve

US Central Bank Explains ‘Preconditions’ for a Digital Dollar

The U.S. central bank is grappling with how to proceed on a potential "digital dollar" project.

Policy & regulation  ·  24 February 2021