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Foreign CBDCs Could Erode US Dollar's Exchange Medium Role: Fed Analysts

U.S. Federal Reserve analysts have warned of "some potential" for the dollar s role as a medium of exchange to be eroded with the rise of well-designed foreign CBDCs. ....

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White House: US to begin work on future 'digital dollar' | Money

WASHINGTON, March 9 President Joe Biden today will order government agencies to begin work on creating a digital US dollar, White House officials said. Amid the explosive rise of private cryptocurrencies like bitcoin, the US effort will study benefits and potential risks while “placing. ....

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