Latest digital dollar News

CBDC with digital background concept
Business 19 October 2023

Federal Reserve governor airs doubts over CBDC benefits

Federal Reserve Governor Michelle Bowman has doubts about CBDCs, stating that “the potential uses of a U.S. CBDC remain unclear and, at the same time, could introduce significant risks and tradeoffs.”

Canada map with the inscription CBDC with black digital blockchain grid
Business 10 May 2023

Bank of Canada launches CBDC consultation

While a digital dollar “is not needed at this time,” the Bank of Canada wants to be ready as it fears digital currencies could threaten monetary sovereignty.