The Donald Trump administration has advocated for stablecoins development instead of a Federal CBDC akin to China’s Digital Yuan (e-CNY).
President Trump issued an Executive Order and accompanying Fact Sheet intending to promote “United States leadership in digital ...
The Federal Reserve is no longer exploring the idea of creating a new liability for interbank settlements. Instead, it is ...
The order also prohibited “the establishment, issuance, circulation, and use” of a US central bank digital currency (CBDC ... Commission chair, Commodity Futures Trading Commission chair ...
The Senate's confirmation of Scott Bessent as Treasury Secretary brings a pro-crypto, anti-CBDC leader to head the Treasury Department ...