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October 13, 2022
We live in an increasingly cashless society. A year into the pandemic, the number of businesses that accept only electronic payments doubled, according to data from the digital payment company Square. But the digital shift in the economy is leaving some people out — mainly those who don’t have a bank account, or a credit or debit card to use for payments. Federal estimates
October 5, 2022
The two members of the state's congressional delegation say an official digital currency would bridge a worrying digital divide in an increasingly cashless society.
September 3, 2022
IT’S an old musicians’ (or freelancers’) trick. In your lush days, you draw a roll of cash from an ATM, bind it with elastic, then stick it in…
April 19, 2022
Several recent releases of draft legislation, reports, and speeches highlight the federal government's efforts in the first quarter of 2022 to address the rapidly developing digital...
April 1, 2022
Lawmakers propose the Digital Markets Act; Yandex sparks security concerns over data handling; US representatives introduce the ECASH Act; and Meta have hired Targeted Victory to compete with TikTok.
April 1, 2022
On March 28, Representative Stephen Lynch (D-MA), along with co-sponsors Jesús G. García (D-IL), Rashida Tlaib (D-MI), Ayanna Pressley (D-MA), and Alma Adams (D-NC), introduced H.R....
March 30, 2022
In today's ExchangeWire news digest: lawmakers in the US propose the Electronic Currency and Secure Hardware Act to create a digital dollar; Alibaba leads
March 30, 2022
A new bill in Congress says anonymity can be preserved.
March 29, 2022
US lawmakers proposed a bill for a digital dollar to be issued by the US Treasury, rather than the Federal Reserve, on Monday.