“This paper is the first step in a public discussion between the Federal Reserve and stakeholders about central bank digital currencies (CBDCs).” –“Money And Payments: The U.S. Dollar In The Age Of ...
The key economic risk is inflation. A CBDC can be created at the press of a button and distributed widely, inflating the money supply without any corresponding increase in GDP. This risk can be ...
The U.S. Department of the Treasury has released comments from Undersecretary for Domestic Finance Nellie Liang on the “Next Steps to the Future of Money and Payments,” addressing CBDCs and the ...
The Massachusetts Institute of Technology (MIT) Digital Currency Initiative (DCI) has introduced the experimental PArSEC platform. PArSEC — short for "parallelized architecture for scalably executing ...
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