Fed Continues to Mull Over Digital Dollar Idea
Despite bitcoin's recent plunge, it's not a paragon of the crypto industry, with the federal government looking to hop on board the hype train.
Source: etftrends.com
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Federal Reserve chair teases when its crypto report will drop 'ready'
The chairman for the Federal Reserve has said when the highly anticipated report on crypto will be released. It's 'ready to go'.
Source: tweaktown.com
Privately Issued Stablecoins Could Exist Alongside Fed Digital Dollar: Powell
Federal Reserve Chair Jerome Powell told Senate lawmakers on Jan. 11 that there's nothing standing in the way for privately issued stablecoins to co-exist alongside a potential central bank digital currency.
Source: theepochtimes.com
Brainard as Fed Vice Chair Could Be Good for Crypto
President Biden recently announced the nomination of Jerome Powell to continue leading the Federal Reserve.
Source: etftrends.com
Digital Dollar Risk Local Currencies In Poorer Countries: Raghuram Rajan
The introduction of a digital U.S. dollar could help democratize banking in poorer countries, but it also poses a risk to local currencies if it were readily accessible, according to former Indian central bank Governor Raghuram Rajan.
Source: ndtv.com