The Federal Reserve chair said "the more direct route" would be to regulate stablecoins.
Brian Armstrong is listed on the central bank's calendar, public records show.
While a Senate Banking Committee hearing ostensibly focused on central bank digital currencies, bitcoin’s role in the ecosystem drew much of the attention.
Maintaining users' privacy is a key design focus, according to Massad. "We're not China."
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.
Building central bank digital currencies is not the American way, said the former Acting Comptroller of the Currency on CoinDesk TV today.
The Federal Reserve governor discussed cryptocurrencies and a digital dollar at Consensus 2021.
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.
Calls to "catch" China on digital currency downplay the promise of open financial technology, says Circle's head of global policy.
The Digital Dollar Project's first five pilots will launch during the next year.
“The lack of privacy in the Chinese system is just not something we could do here,” Powell told a House committee.
The Fed chairman spoke at a virtual payments conference hosted by the Basel Committee on Banking Supervision.
NFTs are all the rage right now, but buyers and sellers should be aware of the different regulatory frameworks that might govern these assets.
“We cannot be left behind,” Brown wrote about other nations’ central bank digital currency efforts.
The U.S. central bank is grappling with how to proceed on a potential "digital dollar" project.