Digital Dollar

Report: Digital Currency Projects Underway in 134 Countries
Report: Digital Currency Projects Underway in 134 Countries
September 17, 2024  |  CBDC

New research shows that 134 countries are exploring central bank digital currencies (CBDCs). Those countries account for 98% of the world’s economy, according to findings released Tuesday...

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BIS: CBDCs Need Risk Management Framework to Counter ’Operational Risks’
BIS: CBDCs Need Risk Management Framework to Counter ’Operational Risks’
December 01, 2023  |  CBDC

Scores of central bank digital currency (CBDC) initiatives are in the works or already active — and yet pose some key concerns for central banks....

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Bank of Korea to Launch Retail CBDC Pilot Program
Bank of Korea to Launch Retail CBDC Pilot Program
November 30, 2023  |  Cryptocurrency

The Bank of Korea plans to launch a pilot program for its retail central bank digital currency (CBDC) in the fourth quarter of 2024. The program will...

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Fed Governor Michelle Bowman Concerned About Risk of Digital Dollar
Fed Governor Michelle Bowman Concerned About Risk of Digital Dollar
October 17, 2023  |  CBDC

Federal Reserve Governor Michelle Bowman is concerned about the potential risks associated with a U.S. central bank digital currency (CBDC). Speaking Tuesday (Oct. 17) at...

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Digital Dollar Project: CBDCs Can Help the Unbanked
Digital Dollar Project: CBDCs Can Help the Unbanked
August 03, 2023  |  CBDC

Could a central bank digital currency (CBDC) help America’s unbanked population? It appears that way, according to a new report by the Digital Dollar Project...

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Presidential Candidates Campaign Against the Digital Dollar
Presidential Candidates Campaign Against the Digital Dollar
April 23, 2023  |  CBDC

American presidential candidates from both sides of the aisle are down on the digital dollar. The U.S. has not unveiled concrete plans for a central...

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Federal Reserve Governor Says CBDC Risks Likely Greater Than Benefits
Federal Reserve Governor Says CBDC Risks Likely Greater Than Benefits
April 18, 2023  |  CBDC

It’s unlikely that the benefits of a central bank digital currency (CBDC) would be greater than the potential risks. So said Federal Reserve Governor Michelle...

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Sen. Ted Cruz Introduces Bill Prohibiting Fed From Developing CBDC
Sen. Ted Cruz Introduces Bill Prohibiting Fed From Developing CBDC
March 22, 2023  |  CBDC

Bills opposing a central bank digital currency (CBDC) in the U.S. have been introduced at both the federal and state level. Sen. Ted Cruz, R-Texas,...

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Florida Gov. Ron DeSantis Proposes Banning Using CBDCs as Money
Florida Gov. Ron DeSantis Proposes Banning Using CBDCs as Money
March 20, 2023  |  CBDC

Florida Gov. Ron DeSantis wants to ban central bank digital currencies (CBDCs). DeSantis has proposed legislation that would prohibit the use of both federal and...

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