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As the monetary impacts of the coronavirus drive discussions surrounding central bank digital currencies, a U.K. blockchain firm has proposed a CDBD system to the Bank of England. Go to Source Powered by WPeMatico
Blockchain for distributing votes and independent digital dollars take center stage in the this week’s regulation news. Go to Source Powered by WPeMatico
On June 11, 2020, the United States Congress Financial Services Committee held a remote hearing about the creation of a “digital dollar.” A number of well known individuals participated including the former Chairman of the U.S. Commodity Futures Trading Commission, Christopher Giancarlo, and members from the Electronic Transactions Association. The Covid-19 outbreak and following panic, … Read more
Congressman Warren Davidson recaps yesterday’s hearing on the digital dollar, which seemed to reach new consensus across party lines — but the devil is in the details. Go to Source Powered by WPeMatico
In the aftermath of disappointingly slow COVID-19 stimulus payments, Congress hears testimony on using digital dollars to upgrade the U.S.’s legacy financial infrastructure. Go to Source Powered by WPeMatico
An article published by Yonhap suggests that South Korean merchants are open to accepting digital yuan as a payment method in the near future. Go to Source Powered by WPeMatico
The Bank of Ghana’s first deputy governor says the institution remains committed to piloting a central bank digital currency. Go to Source Powered by WPeMatico
Joel Telpner reveals some of the steps the Marshall Islands is taking to launch its national digital currency. Go to Source Powered by WPeMatico
The advent of digital money will threaten the U.S. dollar’s global dominance, but it won’t be easy to dethrone the current global reserve currency. Go to Source Powered by WPeMatico
A U.S. think tank working towards a digitized dollar has released a white paper detailing inaugural aims and use cases for a central bank digital currency. Go to Source Powered by WPeMatico
