# Digital dollar

Banks Test Digital Dollars on Distributed Ledger, Proving Legal Feasibility: Report

According to Bloomberg, banks tested digital dollars on a distributed ledger, improving wholesale payments. Legal impediments unlikely. Further engagement with…

1 year ago

CBDC will co-exist with stablecoins, but it will take at least 5 years to launch

Fed Vice President Lael Brainard of the US Federal Reserve said the Digital Dollar (CBDC) would take 5 years to…

2 years ago

US Senator Pat Toomey supports Digital Dollar and nominates Powell as Fed Chairman

Senator Pat Toomey of Pennsylvania, a lawmaker who advocated the revision of the language surrounding cryptocurrencies in the recently passed…

3 years ago

Bitcoin price hits $ 50,000 while the US dollar declines after hitting an annual high

Bitcoin (BTC) is set to rebound $ 45,000 on Oct. 1 as the US dollar falls from a year-long high.…

3 years ago

Chairman Jerome Powell says the Fed is undecided about the digital dollar

The US Federal Reserve is still examining the prospect of introducing a digital currency into the country, but said it…

3 years ago

New bill provides that the US Treasury Department has full authority over fiat stablecoins

A brand new bill launched by House Democrat Don Beyer in Virginia proposes a far-reaching authorized and regulatory framework for…

3 years ago

US lawmakers are working to avoid surveillance with digital dollars

Unlike China, in accordance to Congress, U.S. lawmakers are attempting to avoid being scrutinized with digital dollars, so let's discover…

3 years ago

Countries that account for more than 90% of global GDP are exploring CBDC regions

Efforts to know the alternatives and challenges of central financial institution digital currencies, or CBDCs, are ongoing in 81 nations,…

3 years ago

Fed and Yale researchers propose two regulatory frameworks for stablecoins

The Federal Reserve's ongoing research into central bank digital currencies, or CBDCs, has expanded to include stablecoins and their effective…

3 years ago

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