House Republicans are set to pass a bill that will block the Federal Reserve from implementing a central bank digital currency. Here is what CBDCs are and why privacy advocates fear them. This week, ...
The House has passed legislation that would stop the Federal Reserve from issuing a central bank digital currency, a victory for privacy advocates who argue that such a CBDC could give the federal ...
While a decision has yet to be made, the Federal Reserve has been looking into the possibility of a central bank digital currency for several years. Bhaskar Chakravorti, dean of global business at The ...
WASHINGTON — House lawmakers passed the most significant legislation regulating digital currency to date Thursday, approving a trio of bills aimed at revamping the nascent industry. Lawmakers approved ...
The financial giant, whose shareholders include the Japanese government, will introduce “DCJPY,” a digital currency developed by a Japanese digital currency startup DeCurret DCP, Reuters reported. The ...
The world’s central banks are moving briskly, and it would seem inexorably, toward introducing digital forms of cash. But I think they are underestimating the backlash from people who worry that ...
Russia is moving forward with its central bank digital currency (CBDC) as President Vladimir Putin signed the digital ruble bill into law on July 24, according to an official government document. With ...
With the first-ever White House crypto summit taking place later this week, investors are watching for any direction on what a cryptocurrency reserve entails. The chairman, CEO and co-founder of ...
BANGKOK — China has been expanding use of digital currencies as it promotes wider use of its yuan, or renminbi, to reflect its status as the world’s second-largest economy and challenge the ...
WASHINGTON, Sept 8 (Reuters) - The Federal Reserve's top regulatory official said on Friday the central bank is "a long way" from any decision on whether it would issue its own digital currency, and ...
A proposed GOP ban on a central bank digital currency (CBDC) could pump the brakes on grand visions to reshape electronic payment access around the Federal Reserve. Republican lawmakers pushed the ban ...
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