“We want to make sure that we do the requisite research on policy and technology so we’re in a position to move forward if Congress
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Fed Chair Jerome Powell Argues private stablecoins can co-exist with US CBDC
On Jan. 11, Federal Reserve Chair Jerome Powell told Senate legislators that nothing prevents privately issued stablecoins from coexisting with a prospective Fed central bank
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Swiss central bank tests wholesale CBDC with commercial partners
The Swiss National Bank integrated a wholesale CBDC into the banking systems of five commercial banks as part of the second phase of Project Helvetia.
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UK Economic Affairs Committee unconvinced by prospect of retail CBDC
A new report highlights private-sector innovation and greater financial inclusion with CBDCs, but raises concerns around the descending hegemony of the U.S. Dollar.
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US lawmaker proposes bill aimed at limiting Fed’s ability to issue CBDC
Having the Fed require users to open accounts to access the benefits of a digital dollar would put it “on an insidious path akin to
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Digital Yuan Wallet Ranks Among Most Downloaded Apps in China
The new wallet of China’s state-issued digital currency has quickly become one of the most downloaded applications in the country, within days of its launch.
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