Lawmakers from both parties say the Federal Reserve needs legislative authority to issue a digital dollar, but the two sides have so far been unable to find a balance between privacy and security ...

The White House’s exploration of a government-backed digital dollar is raising an implicit question that has received little attention: What role does Congress have in the decision? Federal ...

Talk of a digital dollar has resurfaced. It first emerged in 2019 when the People’s Bank of China (PBOC) launched its digital yuan. Then, pointless speculation arose, about how the digital yuan ...

Commissions do not affect our editors' opinions or evaluations. Is the U.S. quietly edging toward adoption of a digital dollar? In March 2022, President Joe Biden issued an executive order ...

Disruption. It's coming for the U.S. dollar in the form of digital currency. Last week the Biden administration detailed a broad plan for adopting a central bank digital currency (CBDC ...

political opposition to a digital dollar is only growing in the U.S. Though a potential U.S. CBDC remains merely a subject of government study, mainstream Republicans, Silicon Valley libertarians ...

Those would make it easier for consumers to use a programmable, traceable, controllable central bank digital dollar in certain kinds of commercial activities, should the federal government choose ...

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 ...

policy research director at the Digital Dollar Project, told CoinDesk TV’s “First Mover” on Tuesday. Greco said that “there is potential in the next few years” for a digital dollar in ...

The central bank has also denied it is tied to any digital U.S. dollar initiative. Aaron Klein, Brookings Institution senior fellow in economic studies and former deputy assistant secretary for ...