Digital Dollar


Markets

BIS Researchers Say Coronavirus Could Spur Central Banks to Adopt Digital Payments

BIS researchers think COVID-19 may accelerate the adoption of digital payments and sharpen the debate over central bank digital currencies.

"Perceptions that cash could spread pathogens may change payment behaviour by users and firms,” the researchers said. (Credit: Myra Thompson / Shutterstock)

Policy

How Blockchain Tech Can Make Coronavirus Relief More Effective

Smart contracts and distributed ledgers can bring accountability and certainty to coronavirus relief efforts, says economist Stephanie Hurder.

Credit: Shutterstock

Policy

How Central Banks Could Use Digital Cash to Deliver Universal Basic Income

Central banks are well placed to deliver regular, no-questions-asked monthly payments to everyone, and to manage any ensuing inflation.

helicopter money

Policy

How a Flurry of 'Digital Dollar' Proposals Made It to Congress

Law professors who've long pushed for a digital dollar worked with Congress to bring the concept to a series of coronavirus relief bills earlier this week.

Sen. Sherrod Brown's office intends to pursue a digital dollar as its own Senate bill. (Credit: Shutterstock)

Markets

Chris Giancarlo's Digital Dollar Project Names Ex-Treasury, CFTC Officials to New Board

The Digital Dollar Foundation has tapped a number of former government officials and industry experts as advisors as it looks to design and promote a U.S. CBDC.

Christopher Giancarlo

Policy

The Overton Window Opens for a Digital Dollar

As the federal government looks for ways to distribute coronavirus aid, support for a digital dollar is gaining steam in Washington D.C.

U.S. Capitol

Policy

The Pandemic Gives Digital Currencies Another Chance to Shine

Which digital currencies are most useful in a crisis, asks a Brazilian central banker. CBDCs, bitcoin or libra?

Credit: Shutterstock

Policy

US Senate Floats 'Digital Dollar' Bill After House Scrubs Term From Coronavirus Relief Plan

A draft bill posted Tuesday to the U.S. Senate Committee on Banking, Housing and Urban Affairs defines a "digital dollar" and details how it might be maintained.

U.S. Capitol, Washington, D.C. (lazyllama/Shutterstock)

Markets

'Digital Dollar' Stripped From Latest US Coronavirus Relief Bill

The latest version of a U.S. House bill to stimulate the economy during the coronavirus pandemic no longer includes any language around a digital dollar, though a Financial Services Committee bill still does.

U.S. Speaker of the House Nancy Pelosi

Markets

House Stimulus Bills Envision 'Digital Dollar' to Ease Coronavirus Recession (Updated)

Proposed legislation meant to shore up the U.S. economy during the coronavirus pandemic includes a recommendation to create a digital dollar.

House Democrats have suggested using a "digital dollar" in two different bills aimed at bolstering individuals during the COVID-19 crisis. (Credit: Shutterstock)