The National Science Foundation has given blockchain startup KRNC $225,000 to design cryptocurrency features for the U.S. dollar.
The “digital dollar” concept takes the spotlight Thursday as House Financial Services Committee members discuss how best to issue stimulus funds.
The Digital Dollar Project's first white paper describes how a two-tiered system underpinning a tokenized dollar could modernize the U.S. financial system.
Some Americans are still waiting for stimulus support. Would a digital dollar have helped disburse funds? Here's a breakdown of the debate.
Arming the Federal Reserve with a digital dollar would harm the free market, says Max Raskin, an NYU adjunct professor of law.
A blueprint for a central bank digital currency designed with a specific purpose: stopping layoffs.
The ex-chairman of the CFTC says a digital dollar should be a priority for the U.S. But he cautions against expediting the initiative during the pandemic.
The idea of a digital dollar was again floated by U.S. lawmakers as a means of issuing stimulus payments to residents.
BIS researchers think COVID-19 may accelerate the adoption of digital payments and sharpen the debate over central bank digital currencies.
Smart contracts and distributed ledgers can bring accountability and certainty to coronavirus relief efforts, says economist Stephanie Hurder.
Central banks are well placed to deliver regular, no-questions-asked monthly payments to everyone, and to manage any ensuing inflation.
Law professors who've long pushed for a digital dollar worked with Congress to bring the concept to a series of coronavirus relief bills earlier this week.
The Digital Dollar Foundation has tapped a number of former government officials and industry experts as advisors as it looks to design and promote a U.S. CBDC.
As the federal government looks for ways to distribute coronavirus aid, support for a digital dollar is gaining steam in Washington D.C.
Which digital currencies are most useful in a crisis, asks a Brazilian central banker. CBDCs, bitcoin or libra?