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Digital Dollar

(Ryan Quintal/Unsplash, Modified by CoinDesk)
Policy
Cbdc
Digital Dollar May Pose 'Significant Risk,' Fed Governor Bowman Says
Governor Michelle Bowman suggests other payments services, including FedNow, may do a CBDC's job better, and she's also suspicious of the dangers of stablecoins.
(Ryan Quintal/Unsplash, Modified by CoinDesk)
By Jesse Hamilton
Oct 17, 2023 at 4:05 p.m. UTC
Oct 17, 2023
CBDCPolicyDigital Dollar
The U.S. House Financial Services Committee has advanced a bill to oppose a U.S. central bank digital currency. (Jesse Hamilton/CoinDesk)
Policy
Regulations
U.S. CBDC Efforts Opposed in Legislation Advanced by House Republicans
The House Financial Services Committee approved a bill meant to prevent a U.S. central bank digital currency.
The U.S. House Financial Services Committee has advanced a bill to oppose a U.S. central bank digital currency. (Jesse Hamilton/CoinDesk)
By Jesse Hamilton
Sep 20, 2023 at 7:52 p.m. UTC
Sep 20, 2023
RegulationsCBDCLegislationHouse Financial Services CommitteeSenate Banking CommitteeDigital Dollar
Legislation in the House of Representatives is on a collision course over a future U.S. central bank digital currency. (Jesse Hamilton/CoinDesk)
Policy
Regulations
Dueling Digital Dollar Bills Debated in Congressional Hearing on U.S. CBDC
House Republicans want to ban U.S. CBDCs before they’re even formally proposed by the Federal Reserve, but one senior Democrat is pitching a bill that goes the other way.
Legislation in the House of Representatives is on a collision course over a future U.S. central bank digital currency. (Jesse Hamilton/CoinDesk)
By Jesse Hamilton
Sep 14, 2023 at 4:24 p.m. UTC
Sep 14, 2023
RegulationsLegislationHouse Financial Service CommitteeCBDCsDigital Dollar
Michael Barr, the U.S. Federal Reserve's vice chairman for supervision, says the central bank is far from a decision on a digital dollar. (Nikhilesh De/CoinDesk)
Policy
Regulations
U.S. Fed’s Vice Chair Barr Says CBDC Decision Still a ‘Long Way’ Off
Michael Barr, who leads the central bank’s regulatory efforts, said the Fed remains in the basic research phase and would need actual legislation from Congress to authorize th...
Michael Barr, the U.S. Federal Reserve's vice chairman for supervision, says the central bank is far from a decision on a digital dollar. (Nikhilesh De/CoinDesk)
By Jesse Hamilton
Sep 8, 2023 at 1:57 p.m. UTC
Sep 8, 2023
RegulationsCBDCDigital DollarStablecoinsCircleTetherPayPalFedNowMichael Barr
What the Federal Reserve's 'FedNow' Instant Payment System Could Mean for Crypto
Video
Cdtv
What the Federal Reserve's 'FedNow' Instant Payment System Could Mean for Crypto
The U.S. Federal Reserve launched a new instant payment service called FedNow. The central bank has also denied it is tied to any digital U.S. dollar initiative. Aaron Klein,...
What the Federal Reserve's 'FedNow' Instant Payment System Could Mean for Crypto
By CoinDesk Staff
Jul 25, 2023 at 2:35 p.m. UTC
Jul 25, 2023
cdtvFM ClipDigital DollarTreasury DepartmentFedNow
Christopher Giancarlo: Fight for the Future of Money in the U.S.
Word On The Block
Securities and exchange commission
Christopher Giancarlo: Fight for the Future of Money in the U.S.
Christopher Giancarlo, the former chair of the CFTC, also known as ‘Crypto Dad’ said the U.S. is resisting digitization of the dollar due to it being a threat to the country’s...
Christopher Giancarlo: Fight for the Future of Money in the U.S.
By CoinDesk Staff
May 15, 2023 at 4:50 p.m. UTC
May 15, 2023
Securities and Exchange CommissionSECCFTCCBDCsCentral Bank Digital CurrenciesCBDCDigital DollarWord on the Blockangie laucentral bank digital currencyDigital Dollar ProjectChristopher Giancarlo
(Mackenzie Marco/Unsplash, modified by CoinDesk)
Consensus Magazine
Opinion
The Reactionary Political Theater of CBDC Bans
The jury is out on whether the benefits outweigh the risks of central bank digital currencies, but stymying research and passing premature legislation comes with its own harms...
(Mackenzie Marco/Unsplash, modified by CoinDesk)
By Daniel Kuhn
May 4, 2023 at 6:38 p.m. UTC
May 4, 2023
OpinionCBDCsBiden AdministrationDigital DollarThe NodeNewslettersRon DeSantis
(MoMo Productions/Getty Images)
Policy
Regulations
North Carolina House Unanimously Votes to Ban Digital Dollar Payments to the State
The House of Representatives of the U.S. state voted 118-0 to pass an amended version of a bill that initially sought to ban crypto payments.
(MoMo Productions/Getty Images)
By Sandali Handagama
May 4, 2023 at 11:43 a.m. UTC
May 4, 2023
RegulationsNorth CarolinaUSCBDCDigital Dollar
(John Smizada/Unsplash, modified by CoinDesk)
Consensus Magazine
Opinion
Just Saying No to Digital Dollars Means Cementing the Surveillance Status Quo
Political attacks on CBDCs give a pass to existing government and commercial oversight of financial transactions and forfeits opportunity to shape global standards in accord w...
(John Smizada/Unsplash, modified by CoinDesk)
By J Christopher Giancarlo
Mar 23, 2023 at 4:06 p.m. UTC
Mar 23, 2023
OpinionChristopher GiancarloDigital DollarCBDCRon DeSantisUSPolitics
U.S. Rep. Tom Emmer (Jesse Hamilton/CoinDesk)
Policy
Regulations
Senior U.S. House Republican Says CBDCs Could Be ‘Weaponized’ as Political Tool
Majority Whip Tom Emmer is seeking to halt the Federal Reserve’s ability to issue a new digital dollar.
U.S. Rep. Tom Emmer (Jesse Hamilton/CoinDesk)
By Jesse Hamilton
Mar 9, 2023 at 9:47 p.m. UTC
Mar 9, 2023
RegulationsHouse of RepresentativesCBDCDigital DollarLegislation