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Digital Dollar

Treasury Undersecretary Nellie Liang (Win McNamee/Getty Images)
Policy
Regulations
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.
Treasury Undersecretary Nellie Liang (Win McNamee/Getty Images)
By Jesse Hamilton
Mar 1, 2023 at 6:13 p.m. UTC
Mar 1, 2023
RegulationsUS Treasury DepartmentCBDCsDigital Dollar
(Ben Mater/Unsplash)
Policy
Regulations
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)
By Amitoj Singh
Jan 18, 2023 at 4:24 p.m. UTC
Jan 18, 2023
RegulationsCBDCsUnited StatesUSDigital Dollar ProjectDigital Dollar
DTCC is probing the implications of a digital dollar (Kachura Oleg/Getty Images)
Policy
Digital dollar
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)
By Jack Schickler
Nov 30, 2022 at 1:00 p.m. UTC
Nov 30, 2022
Digital DollarDigital Dollar ProjectDepository Trust and Clearing CorporationCBDC
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)
Finance
Digital dollar
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)
By Jamie Crawley
Nov 15, 2022 at 4:09 p.m. UTC
Nov 15, 2022
Digital DollarbanksNew York Federal ReserveCBDCCBDCs
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)
Policy
Regulations
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)
By Jesse Hamilton
Sep 21, 2022 at 2:57 p.m. UTC
Sep 21, 2022
RegulationsStablecoinsDigital DollarCongressHouse Financial Services
Congressman James Himes (Joshua Roberts-Pool/Getty Images)
Policy
Regulations
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)
By Nikhilesh De
Sep 21, 2022 at 12:30 p.m. UTC
Sep 21, 2022
RegulationsInterviewJim HimesCongressHouse of RepresentativesCBDCDigital Dollar
The U.S. Department of the Treasury (Jesse Hamilton/CoinDesk)
Policy
Regulations
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)
By Jesse Hamilton
Sep 8, 2022 at 8:02 p.m. UTC
Sep 8, 2022
RegulationsExclusive Treasury DepartmentCBDCStablecoinsDigital Dollar
Federal Reserve Vice Chairwoman Lael Brainard (Drew Angerer/Getty Images)
Policy
Congress
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)
By Jesse Hamilton
Sep 8, 2022 at 3:29 p.m. UTC
Sep 8, 2022
CongressDigital DollarFederal Reserve
The Digital Dollar Project is kicking off a new CBDC sandbox in October. (Ben Mater/Unsplash)
Policy
Regulations
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)
By Camomile Shumba
Sep 1, 2022 at 9:41 a.m. UTC
Sep 1, 2022
RegulationsCBDCDigital DollarDigital Dollar FoundationUS
Digital Dollar Push; Tornado Cash Blacklisted
Video
Circle
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
By CoinDesk Staff
Aug 9, 2022 at 2:40 p.m. UTC
Aug 9, 2022
CirclecdtvDigital DollarDailyForkPolygonFedTornado CashZipmexHodlnautExtraordinary Agent Woo