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, ...
Breakthroughs, discoveries, and DIY tips sent every weekday. Terms of Service and Privacy Policy. Jamaica is moving forward with a nationwide digital currency after ...
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 ...
As the Federal Reserve looks to modernize banking, two potential 2024 presidential candidates have accused the central bank of seeking to use a proposed digital dollar to “control” Americans’ finances ...
While the world remains focused on the tragic situation in Ukraine, the Biden administration is preparing to launch America’s first government-backed digital currency. If a new digital dollar is ...
A U.S. digital currency could be on the horizon. The Biden administration is putting its support behind the research and development of a “U.S. Central Bank Digital Currency,” or CBDC. The move is ...
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 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 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 ...
President Joe Biden signed an executive order on March 9 to promote the development of digital assets and cryptocurrencies. But some social media users are misinterpreting aspects of the directive. A ...