News

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 ...
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 ...
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 ...
This week, the House of Representatives will vote on legislation sponsored by House Majority Whip Tom Emmer (R-MN) called the ...
But the risk would be present for all banks, regardless of size, if the Federal Reserve introduced a central bank digital currency, or CBDC. Bankers should make no mistake: If a CBDC is introduced in ...
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 ...
It would be tragic if a China-style CBDC is forced on the American people by Republicans who, at best, didn’t understand what they voted for. The idea of a CBDC is to replace the U.S. dollar ...
Would the introduction of a Central Bank Digital Currency (CBDC) lead to lower deposits (disintermediation) and lending in the banking sector? This paper develops a model where households ...
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 ...