Digital Dollars Give the State Too Much Control Over Money
Arming the Federal Reserve with a digital dollar would harm the free market, says Max Raskin, an NYU adjunct professor of law.
Crypto custodian Copper is joining the Official Monetary and Financial Institution Forum's new think tank to discuss how central banks are evaluating digital currencies.
The research explores how "central banking for all" via digital currency could affect commercial banks.
Sweden's Riksbank has looked into the viability of central bank digital currencies for its local market.
The pandemic is likely to accelerate a shift to automation, putting people out of work and raising the need for new types of money.
Some Americans are still waiting for stimulus support. Would a digital dollar have helped disburse funds? Here's a breakdown of the debate.
Researchers at the Bank for International Settlements say the future of payments may be peer to peer, but a number of considerations must be satisfied before distributed ledger-based systems can go mainstream.