Digital Dollar | ForkLog

ForkLog 7 14.07.2022

US Treasury officials see CBDC benefits for financial stability

The digital dollar could strengthen financial stability. Analysts at the Office of Financial Research at the U.S. Treasury (OFR) reached this conclusion.

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ForkLog 5 24.06.2022

Fed Chair outlines work on CBDC implementation plan

The head of the U.S. Federal Reserve, Jerome Powell, told a Senate hearing that a CBDC implementation strategy is being prepared.

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ForkLog 4 14.04.2022

Fed weighs feasibility of a digital dollar

The Fed is examining the potential risks and benefits of a national digital currency (CBDC) through research and experimentation. A final decision on issuance has not been made.

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ForkLog 9 28.03.2022

Fed official calls blockchain overhyped

Blockchain is completely overhyped, and some research on CBDCs resembles advertising clips. This was stated by Fed Governor Chris Waller during a virtual seminar on national digital currencies.

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ForkLog 9 04.02.2022

MIT and the Fed publish white paper on the digital dollar

The Federal Reserve Bank of Boston and the Massachusetts Institute of Technology (MIT) presented a white paper and open-source CBDC code as part of the first phase of studying its potential issuance.

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ForkLog 5 26.01.2022

Bank of America forecasts CBDC rollout will preserve the dollar’s dominance

The national digital currency (CBDC) will preserve the status of the U.S. dollar as the world’s reserve currency and broaden access to financial services. This was stated by Bank of America strategists, Bloomberg reports.

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ForkLog 7 21.01.2022

Fed releases report on the digital dollar

The U.S. Federal Reserve presented a report on the results of studying the national digital currency (CBDC). The 40-page document contains no conclusions about the need for its issuance.

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ForkLog 11 12.01.2022

Powell pledges to publish CBDC report in coming weeks

Fed's CBDC study report will appear in the coming weeks, Powell said during Senate hearings on his renomination.

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ForkLog 13 29.09.2021

Fed chair urges Congress to join the work on a digital dollar

The Federal Reserve System (Fed) needs support from the US Congress in creating a digital dollar. Chairman Jerome Powell said.

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ForkLog 26 02.09.2021

Bloomberg Strategist: Rising USDT Transactions Boost the Dollar’s Value

Dollar-pegged stablecoins boost the value of the U.S. dollar, according to Bloomberg Intelligence senior commodities strategist Mike McGlone.

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ForkLog 11 06.08.2021

Fed governor doubts the advisability of issuing a digital dollar

The U.S. authorities should launch CBDC only in the event of a significant market disruption. This view was expressed by Federal Reserve Board member Chris Waller in an interview with the American Enterprise Institute.

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ForkLog 7 28.07.2021

US lawmakers warn of lag behind China in CBDC development

Members of the U.S. House committee on National Security, International Development and Monetary Policy expressed concern about China's leadership in developing a national digital currency (CBDC). The Block reports.

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