A digital dollar moves inexorably onward. But criticism is building into a crescendo.“CBDC is one of several options for upgrading the legacy capabilities of...
The Biden Administration is asking the public how they feel about digital assets and blockchain technology as a means of forming upcoming crypto policies.
In...
Nine U.S. lawmakers have raised concerns regarding the U.S. central bank digital currency project led by the Federal Reserve Bank of Boston. The lawmakers...
September 30, 2022Robert TrianoRegulatory and Legislative Analysis – United StatesVarious reports issued in response to the March 2022 Executive Order of responsible development of...
The Chairman of the U.S. Federal Reserve says that the crypto industry needs to form regulations to thwart digital assets from being used to finance terrorism and other crimes. In a testimony before the House Financial Services Committee, Fed Chair Jerome Powell says that the crypto industry, much like other prominent emerging tech markets of […]
The Federal Reserve is still deciding whether or not to issue a central bank digital currency (CBDC), according to a statement from Lael Brainard, a Federal Reserve Board Governor. Brainard, a proponent of a federal backed digital dollar, that the Federal Reserve Board recently created a discussion paper outlining the Federal Reserve’s current stance on […]
The U.S. Federal Reserve doesn’t know whether it will issue its own central bank digital currency (CBDC) or not, Lael Brainard, Federal Reserve Board Governor, on Friday highlighted several reasons to start developing such a digital currency. Brainard made these comments when delivering a speech at the U.S. Monetary Policy Forum in New York. The […]