Proposals in state legislatures target digital assets, CBDCs
At least 35 states have taken up proposed bills on cryptocurrency and other digital assets in 2024, with several states ...
Tag: CBDC
House passes bill to prevent Fed from issuing a CBDC
The House voted 216-192 in favor of a bill to prohibit the Federal Reserve from issuing a central bank digital ...
ABA urges House to support bill to prevent Fed from issuing CBDC
In a letter, ABA urged House leaders to support a bill to prohibit the Federal Reserve from issuing a central ...
Rep. Emmer: Bank industry ‘keeps Main Street alive’
Banks are the “primary funder of new opportunities” in the U.S. free market system, providing the financial backing “that keeps ...
BIS: Central banks must address CBDC risks
For central bank digital currencies to be a reliable means of payment, central banks should address the risks of interruptions ...
Fed’s Bowman seeks ‘sensible’ regulatory framework for digital assets
Stablecoins and other digital assets pose risks to consumers and the U.S. banking system, so the providers of those services ...
Fed’s Waller remains unconvinced of need for CBDC
No one has provided a satisfactory answer about the need for a central bank digital currency, Federal Reserve Governor Christopher ...
House Committee advances bills on FinCEN oversight, CBDC
The House Financial Services Committee advanced legislation that would increase congressional oversight of the FinCEN and prohibit the Federal Reserve ...
ABA warns against CBDC adoption
A central bank digital currency is unnecessary in the U.S. and would present unacceptable risks and costs to the financial ...
Barr says Fed ‘a long way’ from decision on CBDC
The Federal Reserve is “a long way” from deciding whether to proceed with a central bank digital currency and would ...
