Digital Dollar

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Top US Treasury Official Says Leaders ‘Actively Evaluating’ Digital Dollar Question
The U.S. government is still weighing whether to start a CBDC, but Treasury Under Secretary Nellie Liang highlights benefits such as reinforcing the dollar’s global role.
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(Ben Mater/Unsplash)
Digital Dollar Project Warns on US Cautious Approach to CBDCs
The DDP's white paper called the U.S, approach to CBDCs an "unsustainable position."
(Ben Mater/Unsplash)

DTCC is probing the implications of a digital dollar (Kachura Oleg/Getty Images)
Digital Dollar Could Streamline Settlements, DTCC Says
The Depository Trust & Clearing Corp. is testing the use of a digital dollar in wholesale transactions, alongside major banks
DTCC is probing the implications of a digital dollar (Kachura Oleg/Getty Images)

The Federal Reserve Bank of New York is leading a program to test the use of digital tokens to settle transactions among financial institutions. (Shutterstock)
Big Banks, NY Fed Start to Test Digital Tokens for 'Wholesale' Transactions
Citigroup, HSBC, BNY Mellon, Wells Fargo and Mastercard, are among the financial giants taking part.
The Federal Reserve Bank of New York is leading a program to test the use of digital tokens to settle transactions among financial institutions. (Shutterstock)

A House of Representatives effort to erect U.S. guardrails around stablecoins is said to be nearing the release of a draft bill.  (Jesse Hamilton/CoinDesk)
US Stablecoin Bill Negotiations Wrestled Over Digital Dollar Approval: Source
The House’s stablecoin oversight legislation is poised for release, but won’t include a controversial CBDC request – just a new study.
A House of Representatives effort to erect U.S. guardrails around stablecoins is said to be nearing the release of a draft bill.  (Jesse Hamilton/CoinDesk)

Congressman James Himes (Joshua Roberts-Pool/Getty Images)
Digital Dollar Likely Won't Be Part of Retail Banking World, US Lawmaker Says
White House reports on central bank digital currencies "point the way" but Congress still has to pass legislation on these issues, Congressman Jim Himes told CoinDesk.
Congressman James Himes (Joshua Roberts-Pool/Getty Images)

The U.S. Department of the Treasury (Jesse Hamilton/CoinDesk)
US Treasury to Recommend Issuing Digital Dollar if in National Interest: Source
The Treasury Department, in what may be its most important recommendation spurred by President Joe Biden’s executive order on crypto, will suggest how to move forward on a CBD...
The U.S. Department of the Treasury (Jesse Hamilton/CoinDesk)

Federal Reserve Vice Chairwoman Lael Brainard (Drew Angerer/Getty Images)
House Republicans Want Answers From Fed on Digital Dollar
Rep. Patrick McHenry and others from the House Financial Services Committee sent a letter demanding clarity from Fed Vice Chairwoman Lael Brainard on the topic.
Federal Reserve Vice Chairwoman Lael Brainard (Drew Angerer/Getty Images)

The Digital Dollar Project is kicking off a new CBDC sandbox in October. (Ben Mater/Unsplash)
Digital Dollar Project Plans to Explore CBDC Technical Solutions With New Sandbox
The nonprofit organization advocating for a U.S. central bank digital currency plans to work with crypto platforms like Digital Asset and Ripple to explore technical and polic...
The Digital Dollar Project is kicking off a new CBDC sandbox in October. (Ben Mater/Unsplash)

Digital Dollar Push; Tornado Cash Blacklisted
Digital Dollar Push; Tornado Cash Blacklisted
U.S. lawmakers aim to push Fed on digital dollar. Circle freezes smart contract addresses linked to blacklisted Tornado Cash. Hodlnaut freezes withdrawals, swaps and deposits....
Digital Dollar Push; Tornado Cash Blacklisted