Republican lawmakers call for answers on digital dollar from Fed vice chair

Republican lawmakers call for answers on digital dollar from Fed vice chair
ôîòî ïîêàçàíî ñ : cointelegraph.com

2022-9-9 22:20

The House members asked for clarification on whether the Fed may be considering an “intermediated model” for a digital dollar that could require authorization from Congress. origin »

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dollar fed digital intermediated considering model require

Èñòî÷íèê: cointelegraph.com

dollar fed → Ðåçóëüòàòîâ: 126


Digital Dollar Discussion Is ‘Extremely Important’ Urges Pres. Trump’s Fed Nominee

Digitizing the dollar is a key factor in maintaining its appeal as a global currency, Trump’s nominee to the Federal Reserve, Judy Shelton, says. In a congressional hearing on Thursday, Fed nominee, Judy Shelton, said the Federal Reserve should be “compelled to think” about a central bank digital currency (CBDC) given the mileage the innovation […]

2020-2-14 18:21


Fed Chairman Powell Reveals The US Is ‘Working Hard’ On A Digital Dollar

Federal Reserve Chairman Jerome Powell discloses that the US is indeed working on a central bank digital currency Facebooks’ Libra, he said was what “lit a fire” under its work towards the digital dollar Federal Reserve Chairman Jerome Powell revealed in his testimony before Congress that the US was “working hard” on its own digital […]

2020-2-12 22:48


US Federal Reserve: Stablecoins Can Be a Modern Medium Of Exchange If Well Designed And Regulated

The US central bank, Federal Reserve is commonly known as the Fed, has finally agreed that stablecoins pose a threat to the fiat dollar as a global medium of exchange. The Fed has stated that stablecoins like Facebook’s Libra have the capability of being the ‘fresh medium of exchange’. However, the Fed gave a caveat […]

2019-11-19 00:53


Dallas Fed Reserve President Weighs In On Releasing A Digital Currency As A Hedge For Dollar Value

Rob Kaplan, President of the Fed Reserve in Dallas, and a former executive at Goldman Sachs is the latest to come out in support of digital currency. This comes at a time when regulators are keenly looking into how cryptocurrencies like Bitcoin and Libra might disrupt the financial systems. While speaking at an event in […]

2019-10-17 18:43


Former FDIC Chair Called Out Subprime Mortgages Ahead of Issues; Now Tells FED To Look At CBDC’s

Members of the US Congress the French Hill (R-Arkansas) and Bill Foster (D-Illinois) have recommended the Federal Reserve regarding issuing a digital version of the US dollar. In a letter addressed to the Fed, they highlighted that the country’s currency is in long term danger due to the acceptance of digital fiat currency. Sheila Bair, […]

2019-10-7 21:59


Ôîòî:

New York Fed: Cryptocurrency Won’t Challenge Dollar in Near Or Mid-Term

Cryptocurrencies are “unlikely” to become an international monetary phenomenon in the coming years, the Federal Reserve Bank of New York has claimed. ‘Unlikely To Meet Criteria’ In a research piece on US dollar supremacy published February 11, the NY Fed argued that despite the appearance of cryptocurrency in mainstream society, only its long-term perspectives could include significant usage.

2019-2-13 18:00


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