The Digital Dollar Project's first five pilots will launch during the next year.
The U.S. is biding its time to see whether a CBDC was something that would be a "good thing for the people," Powell said Wednesday.
Analysts expect higher inflation ahead of U.S. March CPI report despite Fed's wait and see approach.
Bitcoin has recovered slightly from Thursday’s brutal selloff as global financial markets creep back into the green.
The Fed Reserve has injected $278 billion injection into the securities repurchase market. Mike J. Casey Looks at what it means for crypto.