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 ...
With cryptocurrencies exposing the inefficiencies of traditional payment systems, central banks have started exploring the concept of central bank-issued digital currencies. Read on as we discuss how ...
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 ...
WILMINGTON, DE — Marking a historic development in financial innovation, the American Federation Treasury has officially launched the American Federation Dollar (AFD), a gold-backed digital currency ...
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 ...
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 ...
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 ...
The House of Representatives on Thursday voted along bipartisan lines to advance legislation blocking the Federal Reserve from creating its own central bank digital currency (CBDC). Three Democrats ...