2020-8-14 23:09 |
The Federal Reserve is actively investigating the potential impact of a digital dollar, though it has no plans to issue one anytime soon. origin »
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Fidelity Investments is officially stepping into the stablecoin economy. The $6 trillion asset management giant is preparing to launch its first digital dollar, Fidelity Digital Dollar (FIDD), marking one of the most significant moves yet by a traditional financial powerhouse into onchain finance.
2026-1-30 08:16 | |
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The idea of a digital dollar in the U. S. is so egregious to Republican lawmakers that it’s become a presidential campaign talking point and the subject of multiple bills to strangle it before it takes a first breath.
2023-9-14 19:24 | |
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Florida Governor Ron DeSantis signed a bill that ban any potential iteration of a “centralized digital dollar” in the state. DeSantis announced the signing during a press conference in Fort Myers on May 12 from a podium that read: “Big Brother’s Digital Dollar” ‘CBDCs are wrong’ The governor said during the conference that recent years […] The post Florida bans ‘centralized digital dollar’ under state law appeared first on CryptoSlate.
2023-5-12 21:28 | |
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Democrats pushed for a provision directing the U.S. Federal Reserve to move forward on a digital dollar, but the negotiations concluded with a new directive for another Fed study in this year’s ongoing legislative effort to regulate stablecoins, according to a person familiar with the talks.
2022-9-21 17:57 | |
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Long-term crypto critic Nouriel Roubini is working on a digital dollar through Atlas Capital Team L.P. The post Economist Nouriel Roubini backtracks on anti-crypto stance with digital dollar plans appeared first on CryptoSlate.
2022-5-10 14:10 | |
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A digital dollar is becoming more of a reality following Biden's executive order. In a recent podcast, Nathaniel Whittemore attempts to explain the impacts of the development of the asset.
2022-3-15 13:47 | |
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The chairman of the US Federal Reserve System announced plans to explore the possibility of launching a digital dollar to reduce the participation of stablecoins in the US money supply.
2021-7-17 14:36 | |
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Talk of a digital dollar has been doing the rounds for well over a year now. The post U.S. Federal Reserve is cagey about the prospects of a digital dollar appeared first on CryptoSlate.
2021-2-26 06:30 | |
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Speaking during the online Atlantic Council webinar, the U. S Deputy Treasury Secretary, Justin Muzinich, said his department, alongside the Federal Reserve, is looking at launching a central bank digital currency (CBDC) tied to the dollar in the future.
2020-10-9 22:24 | |
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U.S. citizens appear to be opposed to a digital dollar despite expressing concerns over the existing financial system.
2020-9-25 10:13 | |
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The U.S. central bank has been working on creating a digital dollar, according to a recently published transcript from Federal Reserve Board Governor Lael Brainard. On Thursday, she told participants attending “San Francisco’s Innovation Office Hours” webcast, that the Fed has been “collaborating with researchers at the Massachusetts Institute of Technology (MIT)” toward building a […] The post US Federal Reserve Reveals Building a Digital Dollar Codebase With MIT appeared first on Bitcoin News.
2020-8-15 06:45 | |
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Digital Dollar Foundation, an outfit that is pushing for the creation of a digital dollar in the US, has now announced its board of advisors. The foundation is led by ex-CFTC executives Chris Giancarlo (aka Crypto Dad) as well as Daniel Gorfine who has also roped in Accenture. According to a press release, the new […]
2020-3-27 00:33 | |
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A draft bill posted Tuesday to the U.S. Senate Committee on Banking, Housing and Urban Affairs defines a "digital dollar" and details how it might be maintained.
2020-3-25 18:59 | |
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U.S. congress sees a new COVID-19 stimulus bill stripped of mention of the digital dollar, but at least one Senator is trying to bring it back
2020-3-25 18:16 | |
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Yesterday rumors circulated the internet that the US Federal Reserve will announce the creation of a digital dollar on the 16th. Although this cryptocurrency-like speculation turned out to be unfounded, they did spark some interesting takes about the impact a major global power digitizing their currency will truly have on the world.
2020-1-16 19:35 | |
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The U. S. Federal Reserve System (FED) is analyzing the possibility to issue a digital dollar. Although there is nothing confirmed, Jerome Powell, the Chairman of the FED, explained that they are exploring whether it makes sense to issue a Central Bank Digital Currency (CBDC).
2019-11-21 23:49 | |
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The U.S. Federal Reserve System is evaluating the development of a digital dollar and what issues and risks it could potentially pose
2019-11-21 19:06 | |
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The Federal Reserve is to decide whether it's worth issuing a central bank digital currency (CBDC) for households and businesses
2019-11-20 17:37 | |
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Jerome Powell has said his institution is looking into the possibility of developing a digital currency, but the option throws up many policy questions and unclear benefits.
2019-11-21 15:16 | |
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Cryptocurrencies might be the avenue to eliminate the dollar’s popularity; BRICS member countries discussed designing a digital currency in their latest summit. According to RBC, a Russian news outlet, the BRICS member states are considering a common payment settlement system.
2019-11-15 16:35 | |
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Tunisia might just beat China to the punch. If you thought the first digital currency launched by a central bank would be the digital dollar, the electronic euro or the Chinese cryptocurrency, you'The post Tunisia to issue dinar-backed CBDC with Russian developers appeared first on AMBCrypto.
2019-11-9 10:30 | |
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Whether the dollar likes it or not, the digital yuan is coming. China has staked its claim for a digital version of its fiat currency, and by the looks of things, the ambition is truly global.
2019-11-7 16:30 | |
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The United States Federal Reserve is looking to employ a Manager, Retail Payments, part of whose responsibilities will be to oversee the research of digital currencies and distributed ledgers. The job ad has been published amid pressure from Capitol Hill to explore the possibilities of issuing a digital dollar.
2019-11-6 01:20 | |
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The chief legal officer for Coinbase is urging the private sector players to join forces and come up with a tokenized version of the US dollar. According to Brian Brooks, the time has come for the development of a digital US dollar but the major issue should be the one to lead the initiative, the […]
2019-11-6 00:12 | |
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Coinbase’s legal chief believes the private sector should develop the United States digital dollar
2019-11-6 22:32 | |
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Coinbase chief legal officer Brian Brooks thinks the private sector is best positioned to build America's digital dollar.
2019-11-5 20:10 | |
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Amidst reports suggesting that China is coming up with a government-backed digital yuan, many well-known crypto-proponents in the space have urged lawmakers to tokenize the U. S dollar. In the latest dThe post Coinbase officer's call for tokenized U.
2019-11-5 18:00 | |
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How well does American understand money? is the question Genesis Mining tries to find the answer in its latest survey. 29% Believe the US Dollar is Backed by Gold The survey revealed that out of the 1,000 Americans surveyed on September 17th, 2019, 29% of the participants believe that gold still backs the US dollar. […]
2019-11-5 17:26 | |
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Many critics have agreed that the digital asset Bitcoin shouldn’t be used in making payments, as most of the time, it is used for speculation. However, Thomas Lee, who works for Fundstrat, is in disagreement with most of them.
2019-11-1 18:48 | |
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Plans are underway from the Bahamas' Central Bank to unleash its digital coin. The announcement was made recently, and the bank said that this was in a bid to make the economy more resilient. Having their digital currency will ensure the economy remains stable even in times of natural disaster occurrences. The governor of the […]
2019-10-26 19:27 | |
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At Counsellors Limited’s Exuma Business Outlook event on October 25, Governor of the Central Bank of The Bahamas, John Rolle, announced that it would be considering early experimentation with Project Sand Dollar, the Bahamas’ CBDC project, in the Abaco islands.
2019-10-26 14:00 | |
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It’s no secret that the decentralized oracle network Chainlink (LINK) has been one of the best performing digital assets of 2019, despite crypto winter and the absence of an altcoin rally. And a large part of that success may be down to one word: partnership.
2019-10-24 23:04 | |
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People will quickly realize that libra, a digital U.S. dollar or any other centralized digital currency will not improve their finances or well-being. The post Op Ed: In the Battle Between Libra and a Digital Dollar, Bitcoin Will Win appeared first on Bitcoin Magazine.
2019-10-24 20:57 | |
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Facebook’s intention to launch its cryptocurrency project, Libra, has raised serious concerns about Mark Zuckerberg’s plans to establish a global digital currency that would challenge the U.
2019-10-24 20:15 | |
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Facebook‘s controversial ‘cryptocurrency‘ Libra could be based on national currencies such as the dollar, the tech giant said on Sunday, following increased scrutiny from regulators and governments in recent months.
2019-10-21 12:00 | |
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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 | |
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Cryptocurrencies are recovering somewhat today, as we alluded to yesterday. While Bitcoin is still weak at slightly above $8,000, the altcoin thawing continues with a few outliers leading the way.
2019-10-17 18:37 | |
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Coinspeaker Fed Official Confirms that the U. S. Central Bank Is Actively Considering Digital DollarThe Fed official says that if the U. S. has to keep its dominant position in global commerce, it needs to consider having a digital dollar that can be easily adopted.
2019-10-17 12:29 | |
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2019 marked the rise of another crypto-based experiment, as centralized financial institutions around the world started to contemplate the idea of a Central Bank Digital Currency [CBDC]. Bank of China was already ahead in this game, after announcing that their native CBDC was almost already, and in recent reports, Bank of Canada also entered the […] The post Ex-CFTC proposes blockchain-based dollar to save declining fiat appeared first on AMBCrypto.
2019-10-17 12:00 | |
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Federal Reserve Bank of Dallas President Rob Kaplan says the U.S. dollar faces increasing threats to its status as the global reserve currency.
2019-10-17 00:30 | |
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Two former ranking members of the CFTC offered up a plan for a government-sanctioned, blockchain-based digital dollar.
2019-10-16 20:00 | |
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A brand new lawsuit alleges that cryptocurrency exchange Bitfinex and its sister company Tether manipulated the digital currency market. According to a lawsuit filed in New York over the weekend, Bitfinex and Tether “engaged in unfair, deceptive, untrue or misleading acts” by failing to disclose that Tether was not backed 1:1 to by the US dollar.
2019-10-8 14:43 | |
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The Federal Reserve – the US Central Bank – announced the creation of the FedNow interbank payment system. However, according to the bankers themselves, this is a half measure and the next step is to create the own digital currency of Federal Reserve.
2019-10-7 12:31 | |
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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 | |
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Facebook’s attempted foray into the crypto world certainly grabbed the world’s attention. Meanwhile, China’s intentions to launch its own stablecoin grabbed the attention of US politicians. Industry leaders are now wondering whether the US will get left behind due to its negative stance towards digital assets.
2019-10-6 15:00 | |
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In a letter to Jerome Powell, two congressmen have asked the Federal Reserve chairman to consider developing a US-backed cryptocurrency. In short, they believe this is necessary to keep pace with the rest of the world.
2019-10-4 16:00 | |
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Two representatives – French Hill (R-Arkansas) and Rep. Foster (D-Illinois), have asked the Federal Reserve, the country’s most significant financial institution, to bear in mind developing a digital dollar.
2019-10-3 18:30 | |
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Coinspeaker U. S. Congressmen Want the Federal Reserve to Consider a Digital DollarTwo U. S. Congressmen have written to the Federal Reserve, on the possibility of tokenizing the dollar.
2019-10-3 17:09 | |
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A perfect soil for a BTC rise would be a major financial crisis, some experts believe, and now CNBC says that weakening USD could be the only hope for the global economy
2019-10-3 14:56 | |
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Governor Michelle Bowman suggests other payments services, including FedNow, may do a CBDC's job better, and she's also suspicious of the dangers of stablecoins.
Governor Michelle Bowman suggests other payments services, including FedNow, may do a CBDC's job better, and she's also suspicious of the dangers of stablecoins.
A crypto-related bill meant to stifle a future U.S. central bank digital currency is now heading toward consideration on the floor of the U.S. House of Representatives after committee approval Wednesday, marking further progress for digital assets legislation in Congress.
On Sep. 20 the House Financial Services Committee will mark up two bills blocking a potential digital dollar in the United States.
The idea of a digital dollar in the U. S. is so egregious to Republican lawmakers that it’s become a presidential campaign talking point and the subject of multiple bills to strangle it before it takes a first breath.
The idea of a digital dollar in the U. S. is so egregious to Republican lawmakers that it’s become a presidential campaign talking point and the subject of multiple bills to strangle it before it takes a first breath.
Following an August recess, members of the House Financial Services Committee will gather for a “Digital Dollar Dilemma” hearing on Sept. 14.