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digital dollar

Bank of Canada experiments with offline CBDC payments
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4 March, 2023

Bank of Canada experiments with offline CBDC payments

Bank of Canada claims that an offline central bank digital currency will allow users to transfer digital Canadian dollars without...
The Digital Dollar Project
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16 February, 2023

The Digital Dollar Project

The U.S. central bank digital currency—also known as the digital dollar—is not going to be a new kind of money,...
The economic gamble of digital dollarization
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22 December, 2022

The economic gamble of digital dollarization

So-called stablecoin Tether continues to spread its pervasive influence over a digital asset industry that is being increasingly embraced with...
US lawmakers want to look at Justice Department’s CBDC assessment
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7 October, 2022

US lawmakers want to look at Justice Department’s CBDC assessment

House Republicans noted that only Congress has the power to coin money and regulate the value thereof, despite Biden’s order...
Fed chair still undecided on dollar CBDC
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28 September, 2021

Fed chair still undecided on dollar CBDC

The Federal Reserve is still weighing the advantages of a CBDC and is in no rush to reach a decision...
Fed’s Lael Brainard: CBDC may provide important foundation for US retail payments
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26 May, 2021

Fed’s Lael Brainard: CBDC may provide important foundation for US retail payments

Lael Brainard, a member of the Federal Reserve Board of Governors, recently spoke about the Federal Reserve’s approach and thoughts...
Federal Reserve: 2021 is the year we will engage the public on digital dollar
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1 March, 2021

Federal Reserve: 2021 is the year we will engage the public on digital dollar

Jerome Powell has in the past remained tightlipped on the central bank digital currency, urging caution and claiming the Federal...
Bank of Canada: Coronavirus could accelerate central bank digital currency
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16 February, 2021

Bank of Canada: Coronavirus could accelerate central bank digital currency

The Bank of Canada said the global health crisis had hastened the urgency of the development of its state-backed digital...
Bank of Canada ready to move ‘sooner than expected’ on digital dollar
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9 December, 2020

Bank of Canada ready to move ‘sooner than expected’ on digital dollar

Central bank officials have indicated progress has been made on launching a digital currency, citing the pressures of the COVID-19...
Bank of Canada says digital dollar ‘beyond trial phase’
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4 November, 2020

Bank of Canada says digital dollar ‘beyond trial phase’

The project had moved beyond proof-of-concept and was approaching being ready for a wider rollout, according to the central bank...
Australian central bank dismisses need for digital currency
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16 October, 2020

Australian central bank dismisses need for digital currency

Australia’s digital payments systems are adequate for the citizens’ needs, according to Tory Richards, head of payments policy at the...
Federal Reserve experimenting with distributed ledger for digital dollar plans
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19 August, 2020

Federal Reserve experimenting with distributed ledger for digital dollar plans

The central bank has been studying and testing DLT for years now and is currently working on a hypothetical digital...