At the very least, they should work to lessen government monopoly and regulation while ensuring that the Fed cannot issue a retail CBDC. Then they can start getting the government out of the ...

Stablecoins are not just a tech innovation, but an increasingly vital pillar of US fiscal stability, argues GlobalData ...

Should the Federal Reserve issue a new central bank digital currency (CBDC)? A recent “white paper” issued by Rep. Jim Himes (D- Conn.) argues the answer is yes. It outlines the objectives and ...

The bill is relatively straightforward, but in sum would stop the Fed from issuing any form of CBDC without congressional ...

FED'S GOOLSBEE: IF TARIFFS ARE AVOIDED BY A DEAL OR OTHERWISE, COULD RETURN TO A SITUATION WHERE RATES CAN COME DOWN The ...

Federal Reserve Chairman Jerome Powell was asked to testify before Congress on March 7 about the Fed’s intentions vis-à-vis a U.S. CBDC. In his testimony, Powell unequivocally stated, “We’re nowhere ...

In fact, the Fed has removed the term "wholesale CBDC" from its lexicon entirely, Fed Gov. Christopher Waller said in a Thursday afternoon speaking engagement. "At the Fed, we've dropped this whole ...

Yet it is revealing not only for the Federal Reserve’s past actions. The Doomsday Book is also revealing for the conversation around a U.S. central-bank digital currency, or CBDC. Most notably ...

Expanding on Michigan’s crypto-forward stance, a second bipartisan bill, House Bill 4511, was introduced by Republican ...

The Fed on Thursday officially launched the service ... “This is a payment system, not a digital token or a CBDC, but it is something that can be used to facilitate the creation of a CBDC ...

There are two ways the Fed can implement a CBDC in the United States: wholesale and retail. The Fed’s pilot program represents a version of the wholesale model. A retail CBDC gives citizens ...