This paper develops a dynamic two-sided payments model with both heterogeneous households and merchants/firms to study: (1) The adoption of CBDC by households and firms, and (2) The impact of CBDC ...

The Trump administration, like the Biden administration, was favorable toward a CBDC and additional financial surveillance, even for self-hosted digital wallets. Granted, President Trump vetoed ...

In this paper, we develop a model incorporating the impact of financial inclusion to study the implications of introducing a retail central bank digital currency (CBDC). CBDCs in developing countries ...

Investopedia / Theresa Chiechi A U.S. central bank digital currency (CBDC) would be a tokenized and blockchain-based version of the U.S. dollar, maintained and issued by the Federal Reserve.

This week, the House of Representatives will vote on legislation sponsored by House Majority Whip Tom Emmer (R-MN) called the ...

McHenry’s (R-NC) broader legislation. Setting aside which members support broader crypto bills, stopping the Fed from issuing a CBDC should not be the partisan issue it is becoming. A CBDC gives ...

Progress on central bank digital currencies has been relatively slow. But a flurry of tests near the end of the year suggest CBDC initiatives are improving their pace, as central banks try to ...

A central bank digital currency (CBDC) is a blockchain-based digital form of fiat currency issued and managed by a central bank. As CBDCs are essentially a blockchain-powered version of a country ...

Former president Donald Trump announced that he would "never allow the creation of a central bank digital currency" (CBDC) at a campaign event in New Hampshire, where he was vying for the ...

The problem is that for a CBDC to reach its financial inclusion potential for women, the right ecosystem needs to be in place, women consumers need to have adequate financial capability, and a ...

A central bank digital currency, or CBDC, is a digital version of a region’s fiat currency, put out by the region’s monetary authority. CBDCs gained a significant spotlight in 2020 ...