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Powell squashes the possibility that the Fed will develop its own digital currency
Over the years, multiple officials have raised concerns, with most saying there was no obvious need for a CBDC and citing concerns over privacy and other issues. Powell also has stressed that ...
U.S. House Financial Services Committee Approves 2 Key Bills on Anti-CBDC Legislation and Stablecoin Regulation
On April 2, 2025, the U.S. House Financial Services Committee passed the Anti-CBDC Surveillance State Act, a bill introduced ...
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U.S. House Financial Services Committee passes reintroduced Anti-CBDC bill
In 2023, Congressman and Majority Whip Tom Emmer introduced his anti-CBDC bill. The bill then received approval from the House Financial Services Committee and the House of Representatives in 2024.
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South Korea’s 7-Eleven to accept CBDC payments
South Korea’s 7-Eleven shops will be taking part in the BOK’s CBDC project's test phase, allowing all of its shops across the ...