digital dollar – Page 4

US lawmaker lays out case for a digital dollar

“It is now time for Congress to begin the process of considering and ultimately passing authorizing legislation for the issuance of a U.S. CBDC,” said Representative Jim Himes.

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5 reasons why Bitcoin could be a better long-term investment than gold

Crypto advocates often refer to Bitcoin as “digital gold,” but how does BTC stack up against gold as a long-term investment?

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Draft bill to ban China’s digital yuan from US app stores

Three Republican senators introduced a bill to protect Americans from the “Authoritarian Digital Currencies Act.”

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US needs ‘electronic tokens’ with functionality of cash — Software Freedom Law Center legal director

Software Freedom Law Center legal director Mishi Choudhary supported tokens that were not quite CBDCs nor cryptocurrencies, but with cash-like privacy features many users may want.

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Fed Governor Says ‘Blockchain Is Totally Overrated,’ Claims Crypto Is ‘Just Electronic Gold’

The American economist and member of the Federal Reserve Board of Governors, Christopher Waller, believes blockchain technology is “totally overrated,” even though the U.S. central bank “put a lot of resources into understanding digital currencies and the blockchain.” On Friday, Waller spoke during a panel that discussed central bank digital currencies (CBDCs) and said that […]

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Blockchain Association policy head: US shouldn’t compete with China’s CBDC using surveillance tools

“We will not compete against China — an authoritarian dictatorship — by also acting like an authoritarian dictatorship,” said Jake Chervinsky.

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Fed’s Lael Brainard hints at US playing a lead role in development of CBDCs

“A U.S. CBDC may be one potential way to ensure that people around the world who use the dollar can continue to rely on the strength and safety of U.S. currency to transact and conduct business,” said the prospective Fed vice chair.

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MIT, Boston Fed give digital dollar CBDC a modest test run

Blockchain-based architecture was deemed “not a good match” as researchers weighed several technological designs.

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Federal Reserve Bank of Boston and MIT Release Central Bank Digital Currency Research and Open-Source Code

The Federal Reserve Bank of Boston and the Massachusetts Institute of Technology (MIT) have jointly published the initial findings of their central bank digital currency (CBDC) research. They also published the open-source code for the CBDC project. Boston Fed and MIT Publish Initial Findings of Their CBDC Research The Federal Reserve Bank of Boston and […]

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Former CFTC chair Chris Giancarlo joins Digital Asset’s board

Many in the crypto and blockchain space referred to Giancarlo as “Crypto Dad” for his role in supporting digital assets during his five years at the CFTC.

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