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PortuguêsFederal Reserve chair Jerome Powell said 2021 will likely have the central bank engaging with the public and lawmakers regarding the digital dollar. In a House Financial Services Committee hearing…
Continue ReadingJanet Yellen may be open to having U.S. regulators consider a digital currency, but still seems to have strong concerns about Bitcoin. In an interview on the New York Times’…
Continue ReadingCryptocurrency stablecoins could become systemically important overnight, says United States Federal Reserve Chairman Jerome Powell, and that’s why the Fed is determined to get its own central bank digital currency…
Continue ReadingCBDC stands for “central bank digital currency,” a new type of currency that governments around the world are experimenting with. What sets a CBDC apart from established currencies is that…
Continue ReadingHedge fund manager Brian Kelly says the surging number of institutional investors owning bitcoin is down to the digital currency’s core value proposition- a fixed coin supply. On the other…
Continue ReadingThis week, as world leaders gather virtually for DC Fintech Week in Washington, D.C., a key focus will be on central banks issuing their own digital currencies (CBDC). A pivotal…
Continue ReadingThe U.S. Treasury Department is evaluating the merits of a government-sponsored digital currency, said one of its top officials Wednesday. Deputy Treasury Secretary Justin Muzinich, speaking to the Atlantic Council…
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