House Republicans want to ban U.S. CBDCs before they’re even formally proposed by the Federal Reserve, but one senior Democrat is pitching a bill that goes the other way.
Several House bills are racing to head off a CBDC in the U.S., though a key Democrat wrote one that would set up a CBDC pilot.
The idea of a digital dollar in the U.S. is so egregious to Republican lawmakers that it’s become a presidential campaign talking point and the subject of multiple bills to strangle it before it takes a first breath. But Rep. Stephen Lynch reintroduced a bill Thursday calling for the exact thing they’re trying to stop.
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Israel, Hong Kong complete retail CBDC test emphasizing privacy, inclusivityA Bank for International Settlements project has suggested using “access enablers” to make a retail central bank digital currency more accessible and private.
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SWIFT enrolls 3 central banks in CBDC interoperability beta test, expands sandboxInternational bank messaging service SWIFT announced the beta phase of its project to connect central bank digital currencies with three central banks directly linked to it.
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SWIFT adds Hong Kong and Kazakhstan national banks to CBDC interoperability beta experimentThe Society for Worldwide Interbank Financial Telecommunications, better known as SWIFT, is moving forward with its Central Bank Digital Currency (CBD
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Swift says three central banks are testing its CBDC interoperability solutionSwift, the global financial messaging network, said three central banks are now beta testing its CBDC connector solution.
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Ex-Bucs, Bills WR Mike Williams dies at 36 due to injuries from construction accidentFormer Tampa Bay Buccaneers and Buffalo Bills wide receiver Mike Williams died Tuesday morning at 35 years old due to injuries from a construction accident, his agent Hadley Engelhard told NFL Network's Ian Rapoport.
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