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3232‘Not Related to a Digital Currency’ — US Central Bank Addresses Concerns Over Fednow Payment Network
https://www.digit.info/not-related-to-a-digital-currency-us-central-bank-addresses-concerns-over-fednow-payment-network/
Sun, 09 Apr 2023 14:35:03 +0000https://www.digit.info/2023/04/09/not-related-to-a-digital-currency-us-central-bank-addresses-concerns-over-fednow-payment-network/Read more]]>The U.S. Central Bank has issued an update regarding the Federal Reserve’s Fednow project, which is scheduled to commence in July. The Fed has responded to recent criticism of the Fednow service and asserts that the Fednow payment network is “neither a form of currency nor a step toward eliminating any form of payment, including […]
]]>US Lawmakers Say Any Digital Dollar Must Be Open, Permissionless, and Private
https://www.digit.info/us-lawmakers-say-any-digital-dollar-must-be-open-permissionless-and-private/
Sat, 03 Dec 2022 02:30:31 +0000https://www.digit.info/2022/12/03/us-lawmakers-say-any-digital-dollar-must-be-open-permissionless-and-private/Read more]]>Nine U.S. lawmakers have raised concerns regarding the U.S. central bank digital currency project led by the Federal Reserve Bank of Boston. The lawmakers stressed: “Any U.S. CBDC must be open, permissionless, and private.” Congressmen Say Any US CBDC Must Be Open, Permissionless, and Private U.S. Congressman Tom Emmer (R-MN) announced Thursday that he has […]
]]>Federal Reserve Bank of Boston and MIT Release Central Bank Digital Currency Research and Open-Source Code
https://www.digit.info/federal-reserve-bank-of-boston-and-mit-release-central-bank-digital-currency-research-and-open-source-code/
Fri, 04 Feb 2022 23:30:22 +0000https://www.digit.info/2022/02/04/federal-reserve-bank-of-boston-and-mit-release-central-bank-digital-currency-research-and-open-source-code/Read more]]>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 […]
]]>The 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 […]