Tag: Digital Dollar
Federal Reserve Chair reveals US CBDC not happening anytime soon
The Chairman of the Federal Reserve Jerome Powell recently told Congress that the US is not remotely close to establishing its own Central Bank...
Trump believes that both CBDCs & AI are “very dangerous”
Donald Trump has outlined his concerns regarding the development of Central Bank Digital Currencies (CBDCs) and Artificial Intelligence (AI). In an interview with FOX Business's...
US Fed Governor retains scepticism over CBDCs
Whilst a large majority of countries are exploring the possibilities of central bank digital currencies (CBDCs), the US has been one of few to...
US Congressman reveals legislation to ban CBDCs
Central Bank Digital Currencies (CBDCs) continue to cause controversy in the US after Majority Whip Tom Emmer reintroduced legislation to ban them. The ‘CBDC Anti-Surveillance...
The Digital Dollar Project publishes risk framework on US CBDC adoption
Non-profit CBDC research organisation ‘The Digital Dollar Project’ has released its latest guidelines on a safe US CBDC adoption for financial institutions.Titled "Secure Adoption...
Ted Cruz lays out bill to ban a US CBDC
Republican Senator Ted Cruz has introduced a bill that would prohibit the use and development of a Central Bank Digital Currency (CBDC) in the...
Digital dollar plans were in pursuit according to former Biden advisor
Daleep Singh, an ex-government advisor to President Biden, has revealed that plans to launch a US central bank digital currency (CBDC) were well underway...