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3232The Fed Plans to Unveil Digital Dollar Prototypes in July
https://www.digit.info/the-fed-plans-to-unveil-digital-dollar-prototypes-in-july/
Sun, 28 Mar 2021 21:15:43 +0000https://www.digit.info/2021/03/28/the-fed-plans-to-unveil-digital-dollar-prototypes-in-july/Read more]]>The 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 […]
]]>Federal Reserve Appoints Pro-Bitcoin Chief Innovation Officer
https://www.digit.info/federal-reserve-appoints-pro-bitcoin-chief-innovation-officer/
Tue, 23 Feb 2021 20:05:51 +0000https://www.digit.info/2021/02/23/federal-reserve-appoints-pro-bitcoin-chief-innovation-officer/Read more]]>A pro-bitcoin head of digital assets from TD Ameritrade has been appointed as the Federal Reserve System’s chief innovation officer. This is “a new role in which she will lead efforts to identify, research, enable and advocate for new technologies,” the Fed explained. The Fed’s New Chief Innovation Officer Is Pro-Bitcoin The Federal Reserve Bank […]
]]>US Treasury Secretary Janet Yellen Says ‘the Misuse of Cryptocurrencies Is a Growing Problem’
https://www.digit.info/us-treasury-secretary-janet-yellen-says-the-misuse-of-cryptocurrencies-is-a-growing-problem/
Fri, 12 Feb 2021 17:30:31 +0000https://www.digit.info/2021/02/12/us-treasury-secretary-janet-yellen-says-the-misuse-of-cryptocurrencies-is-a-growing-problem/Read more]]>Janet Yellen, the new U.S. Treasury Secretary, has warned about “a growing problem” from “the misuse of cryptocurrencies.” She emphasized that “cryptocurrencies have been used to launder the profits of online drug traffickers; they’ve been a tool to finance terrorism.” Janet Yellen Warns of Cryptocurrency Risks The U.S. Department of the Treasury hosted its inaugural […]