digital money

  On July 17, the United States House of Representatives passed a bill prohibiting the Federal Reserve from creating a Central Bank Digital Currency (CBDC). Lawmakers consider the technology a threat to financial privacy and freedom, calling it incompatible with America’s fundamental democratic principles. The bill also codifies U.S. President Donald Trump’s executive order from […]

  Advocates of digital money, such as cryptocurrencies, have been pushing hard to play a pivotal role in how the global economy works. Reaching this goal has been challenging. High-profile failures of cryptocurrency platforms like FTX and Terra Luna (an algorithmic stablecoin that collapsed), coupled with stricter regulations from governments worldwide, have slowed progress. Still, a new sense of optimism is […]