Category: Digital Dollar

Bank of England Begins Debating Digital Currency Creation

The Bank of England is reviewing whether it should create a central bank-backed digital currency, according to governor Andrew Bailey. “We are looking at the question of, should we create a Bank of England digital currency,” Bailey said Monday in a webinar event with students. “We’ll go on looking at it, as it does have […] Read More

United States of America Moves Closer To Digital Dollar

On June 30th, 2020, the Senate Banking Committee held a hearing on the future of the digital dollar. The pressures to create a digital USD are mounting as China recently began testing its own digital currency – the DCEP, which will be included in popular applications like WeChat and AliPay. Of particular concern is widespread adoption of […] Read More