Lawmakers Stephen Lynch, Jesus Chuy Garcia, Ayanna Pressley and Rashida Tlaib introduced a bill called the Electronic Currency and Secure Hardware Act (ECASH Act) that seeks to instruct the Secretary of the Treasury to "develop and issue an electronic version of the US dollar, with a view to…
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digital dollar
Biden analyzes the possible launch of the digital dollar
The president of the United States, Joe Biden, commissioned various agencies and federal agencies, including the Treasury and Trade Department, as well as the Federal Reserve of the United States, the assessment of risks and benefits, as…
The United States could launch its digital currency by 2030
The Central Bank of the United States considers that it is quite likely that the country will be able to launch its own cryptocurrency or CBDC between 2025 and 2030. This was reported by the representatives of the financial center Alkesh…
US works on the development of the digital dollar
Boston Fed Senior Vice President of Secure Payments and Fintech Research, James Cunha and the Massachusetts Institute of Technology (MIT) are working to develop the digital dollar.
According to what was expressed by Cunha, it is expected…
Digital dollar would benefit the US economy
The Secretary of the Treasury of the United States, Janet Yellen, assured that the implementation of a digital dollar would be of great benefit to the economy.
In an interview for the New York Times, Yellen also assured that "the Federal…