Digital Dollar News

Five pilot programs will gather data on a digital dollar in the United States over the next 12 months.

Countries like the Bahamas and Thailand are on the leading edge of CBDC development, according to a new research report.

Former OCC acting comptroller Brian Brooks claimed that cryptocurrencies like Bitcoin “actually are backed by something.”

Jerome Powell added that the Federal Reserve needs to consider the health of other markets when creating a digital currency.

She still questioned how regulators would "manage money laundering and illicit finance issues" with digital currencies.

The United States Federal Reserve needs its own digital currency to protect against a possible overnight proliferation of stablecoin technology, says Fed chairman Jerome Powell.

Launched on Nov. 24, a new cryptojacking campaign uses Docker platforms that have API endpoints exposed online to mine XMR.