The Fed Plans to Unveil Digital Dollar Prototypes in July

The Fed Plans to Unveil Digital Dollar Prototypes in JulyThe Federal Reserve is actively working on a central bank digital currency and some prototypes are near completion. The Federal Reserve Bank of Boston and the Massachusetts Institute of Technology (MIT) plan to unveil two prototypes of a digital dollar as early as July. Digital Dollar Prototypes Coming Soon Federal Reserve Chairman Jerome Powell said […]

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A Sea Change to Crypto Hits America, Again

A Sea Change to Crypto Hits America, AgainA sea change is coming to cryptocurrency in America. It is likely to hit in two separate waves: a central bank digital currency (CBDC) and draconian regulation that shuts down free-market activities, including development. Also Read: No Backdoor on Human Rights: Why Encryption Cannot Be Compromised The Wave of a Central Bank Digital Currency Robert […]

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Former Fed Governor Believes FedCoin Could Rival Bitcoin

TheMerkle FedcoinCentral banks all over the world are – for the most part – convinced that issuing their own versions of Bitcoin serves no real purpose as of right now. The Federal Reserve, on the other hand, may have different ideas. One of its former officials is still convinced that the concept of FedCoin holds a lot of merit. One can only hope common sense prevails in the long run. The FedCoin Concept Isn’t Dead For quite some time now, there have been rumors regarding the Federal Reserve issuing its very own digital currency. Such a concept makes sense on paper, as

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