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Zimbabwe Sells Millions of Gold-backed Crypto Tokens, Shrugs off IMF Advice

[May 15, 2023 12:40 PM] Zimbabwe ignored the International Monetary Fund’s (IMF) caution and engaged in the sale of its gold-backed crypto tokens. As a result, the Reserve Bank of Zimbabwe recorded huge success selling its gold-backed digital assets worth 14 billion…

Canada’s central bank asks citizens what they want in a digital dollar

[May 8, 2023 7:15 PM] Canadians are being asked what features they wish to see in a digital Canadian dollar even though there are no plans yet to issue one.

The Reactionary Political Theater of CBDC Bans

[May 4, 2023 12:38 PM] The jury is out on whether the benefits outweigh the risks of central bank digital currencies, but stymying research and passing premature legislation comes with its own harms.

North Carolina House Unanimously Votes to Ban Digital Dollar Payments to the State

[May 4, 2023 5:43 AM] The U.S. state's House of Representatives voted 118-0 to pass an amended version of a bill that initially sought to ban crypto payments.

'Nothing is a coincidence with the government,' claims US lawmaker on Operation Choke Point 2.0

[Apr 13, 2023 9:13 AM] Speaking at the NFT.NYC 2023, United States congressman Byron Donalds hurled criticism at recent crypto regulatory initiatives.

Robert Kennedy Jr: Government Could Ban, Seize Bitcoin — CBDCs Could Lead to Financial Slavery, Political Tyranny

[Apr 7, 2023 6:30 PM] Presidential hopeful Robert F. Kennedy Jr. has issued a warning regarding the Federal Reserve’s new Fednow system and the potential risks of central bank digital currencies leading to financial slavery and political tyranny. He additionally warned…

Just Saying No to Digital Dollars Means Cementing the Surveillance Status Quo

[Mar 23, 2023 10:06 AM] Political attacks on CBDCs gives a pass to existing government and commercial oversight of financial transactions, says Christopher Giancarlo, cofounder of the Digital Dollar Project.

US Senator Introduces Bill to Ban Direct-to-Consumer Central Bank Digital Currency

[Mar 22, 2023 10:30 PM] U.S. Senator Ted Cruz has introduced “legislation to prohibit the Federal Reserve from developing a direct-to-consumer” central bank digital currency (CBDC). The lawmaker warned that it “could be used as a financial…

US Senator Ted Cruz tries again with new bill to block CBDC

[Mar 21, 2023 11:56 PM] Ted Cruz said it is “more important than ever” to ensure the financial privacy of American citizens is preserved.

Fed Chair Powell Provides Update on US Central Bank Digital Currency

[Mar 9, 2023 7:30 PM] Federal Reserve Chairman Jerome Powell has provided an update on the Fed’s central bank digital currency (CBDC) work in a hearing before the House Financial Services Committee. While stating that the Fed is “making progress on…

US Lawmaker Launches CBDC Anti-Surveillance State Act to Protect Americans’ Right to Financial Privacy

[Feb 23, 2023 6:30 PM] U.S. Congressman Tom Emmer has introduced the Central Bank Digital Currency (CBDC) Anti-Surveillance State Act “to halt efforts of unelected bureaucrats” from “stripping Americans of their right to financial privacy.” The…

This CBDC Act Will Prevent The US Government From Surveilling Citizens’ Finances

[Feb 22, 2023 2:30 PM] Tom Emmer, the House Majority Whip serving as the representative for Minnesota’s 6th congressional district for the last seven years, is introducing the Central Bank Digital Currency (CBDC) Anti-Surveillance State Act to prevent the…

US lawmaker introduces bill aimed at limiting Fed's authority on digital dollar

[Feb 22, 2023 10:15 AM] If passed, the legislation could prohibit the Fed from issuing a digital dollar “directly to anyone”, as well as bar the bank from implementing monetary policy based on a CBDC.

Project Hamilton has concluded, weeks after legislators’ enquiry, according to Boston Fed

[Dec 26, 2022 1:16 PM] The two-year project produced a white paper in February; research results will continue to appear, with the Fed’s partner at MIT scheduled to make a research report in January.

US Lawmakers Say Any Digital Dollar Must Be Open, Permissionless, and Private

[Dec 2, 2022 8:30 PM] Nine U.S. lawmakers have raised concerns regarding the U.S. central bank digital currency project led by the Federal Reserve Bank of Boston. The lawmakers stressed: “Any U.S. CBDC must be open, permissionless, and private.” Congressmen…

Clearing company tests out securities transaction settlements on blockchain networks

[Dec 1, 2022 3:41 PM] The Digital Dollar Project and the Depository Trust & Clearing Corporation trialed a potential settlement system using tokenized securities and CBDC in real world conditions.

NY Fed launches 12-week CBDC pilot program with major banks

[Nov 15, 2022 11:15 AM] Banking giants including BNY Mellon, Citi, U.S. Bank, and Wells Fargo will be issuing tokens and settling transactions through simulated central bank reserves as part of the pilot.