Digital Dollar
Fmr. CFTC Chairman Calls for Greater Regulatory Oversight of Stablecoins
Harvard University Kennedy School of Government Senior Fellow and former Commodity Futures Trading Commission (CFTC) Chairman Timothy Massad discusses his thesis that the popular stablecoin tether could face a disruption comparable to the Reserve Primary Fund "breaking the buck" in 2008. He also comments on CBDCs and the digital dollar he expects will be developed.
How Will a U.S. Treasury Department Proposal Affect Crypto Markets?
In a report released Thursday, the Treasury Department said it plans to require businesses to disclose crypto transactions over $10K to the IRS. CoinDesk's Nik De breaks down the proposal and explains its potential impact on the crypto markets. Plus, an update on the US Digital Dollar project.
How the Stellar Network Helps Governments Move Their Digital Currency Projects Forward
Stellar Development Foundation CEO Denelle Dixon discusses the digital dollar projects on the Stellar network in Bermuda and Ukraine and why she’s excited about other crypto projects in Nigeria, Mexico, Argentina and Brazil.
Brian Brooks: Does the Digital Dollar Have to Be Built by the Government?
Former Acting Comptroller of the Currency Brian Brooks reacts to Powell’s and Yellen’s comments on the digital dollar project, saying a “government-issued digital dollar doesn’t fulfill the promise of a network-based economy … the way that private stablecoins do.” Brooks says that “most good things in our lives were built by the private sector.
Key Takeaways From Powell’s Testimony to Congress and Implications for the Crypto Industry
Jerome Powell speaks at a House Financial Services Committee hearing today as he continues his semi-annual testimony before Congress. As CoinDesk Managing Editor, Global Policy & Regulation Nikhilesh De reports, at the Senate Banking Committee hearing yesterday Powell addressed questions about inflation, economic inequality and the digital dollar.
Former CFTC Chairman Warns G7 Nations of Perils Getting CBDCs Wrong
Former CFTC Chairman J. Christopher Giancarlo says the U.S. has the opportunity to create a digital dollar with "aspirational desire" that protects user privacy rights and distinguishes itself from other CBDCs that may surveil its users.
