Talk of a digital dollar has resurfaced. It first emerged in 2019 when the People’s Bank of China (PBOC) launched its digital yuan. Then, pointless speculation arose, about how the digital yuan would ...

WASHINGTON (AP) — The Biden administration is moving one step closer to developing a central bank digital currency, known as the digital dollar, saying it would help reinforce the U.S. role as a ...

South Dakota Governor Kristi Noem just vetoed a little-publicized, but extremely important bill that would have made it easier for the federal government to implement a central bank digital currency ...

The U.S. is risking the status of the dollar as the world's reserve currency by delaying the launch of a central bank digital currency, writes Creospan's Prathamesh Khedekar. Thirty-six trillion ...

The Federal Reserve Bank of New York and major banks will launch a three-month test of a digital dollar in hopes of studying its feasibility. The initiative was announced by the regional Federal ...

The Treasury Department’s top official for financial markets and stability expressed little urgency over the federal government’s need to prepare for the potential launch of a digital US dollar.

Imagine if a bureaucrat had the power to limit your savings or place a "shelf-life" on money you earn. Sound farfetched? Ideas like this are already being floated in the United Kingdom as the Bank of ...

Stablecoins, such as Circle’s USDC, are digital assets designed to maintain a stable value, typically pegged to and backed by ...

China has rocketed into the lead of countries developing bitcoin and crypto-inspired digital currencies in recent years—amid fears U.S. dollar hegemony could be collapsing. The bitcoin price surge ...

It’s more a question of when, rather than if, a central bank digital currency (CBDC) will be established in the U.S., Michael Greco, policy research director at the Digital Dollar Project, told ...

“Every ten years, it is decline time in the United States,” wrote journalist Josef Joffe in 2009. Yet the story of U.S. decline has constantly turned out to be the story of the boy who cried wolf.