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Digital Dollar

US credit unions back anti-CBDC bill citing absence of clear ‘regulatory parameters’
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15 June, 2023

US credit unions back anti-CBDC bill citing absence of clear ‘regulatory parameters’

NAFCU argued that regulatory guidelines for a digital dollar could only be achieved in consultation with Congress and stakeholders, including...
Majority of Americans eye prospects of CBDC with skepticism: Cato Institute survey
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13 June, 2023

Majority of Americans eye prospects of CBDC with skepticism: Cato Institute survey

The report by Cato Institute and YouGov disclosed that 16% of respondents supported the digital dollar, nearly 34% of American...
Bank of Canada launches CBDC consultation
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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...
North Carolina bans CBDCs with passage of new bill
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9 May, 2023

North Carolina bans CBDCs with passage of new bill

The new bill by Republican lawmakers argues that an attempt to introduce CBDCs aims at “surveilling Americans and controlling behavior...
No digital dollar in Florida, Gov. Ron DeSantis says
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22 March, 2023

No digital dollar in Florida, Gov. Ron DeSantis says

Ron DeSantis, who holds sway in the Republican party, says that a central bank-backed digital currency is U.S. President Joe...
US Fed to launch FedNow instant payment service amid fears it could end CBDC interest
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16 March, 2023

US Fed to launch FedNow instant payment service amid fears it could end CBDC interest

FedNow gives users an instant 24/7 settlement service—part of the key appeal of a CBDC—and is fully endorsed by the...
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