Top Official Says US Treasury Assessing Viability of Digital Dollar – Here's the Latest
The US is actively evaluating whether a digital version of the dollar is in the national interest, the US Treasury Department's undersecretary for domestic finance, Nellie Liang has said. The work to assess the viability...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The work to assess the viability of a digital dollar – a form of central bank digital currency (CBDC) – is now being advanced by an interagency Working Group led by the Treasury Department, Liang said in a speech for the Atlantic Council on Wednesday....
Read More: Top Official Says US Treasury Assessing Viability of Digital Dollar – Here's the Latest
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
VanEck Pulls Lido Staked Ethereum ETF After 1 Year, Ending stETH Fund Plan
Key Takeaways: VanEck has suggested to the Securities and Exchange Commission that it remove its proposed Lido Staked ETH registra...
Ethereum’s quantum race takes a new turn as zkSync courts banks and Starknet weighs exit
ZkSync announced Airbender Prime, a prover that Matter Labs says handled 99% of 7,200 consecutive Ethereum mainnet blocks in under...
Solidus Labs hires former CFTC official Kevin Webb as VP of policy
Solidus Labs' strategic hire underscores the growing importance of regulatory expertise in navigating complex digital asset market...
DriveWealth Turns to Ripple’s RLUSD Stablecoin for Client Funding, With Europe First
DriveWealth, the company that runs the brokerage plumbing behind investing products offered by more than 100 partners worldwide, w...
Why Is XRP Down Today? Bears Target $1.30 Support as Selling Pressure Builds
The downturn has weakened XRP’s short-term technical structure, leaving traders focused on whether buyers can defend nearby suppor...
Ethereum and its L2s settled 77% of stablecoin volume, with $16.75 trillion in transfers
Ethereum's dominance in stablecoin transfers highlights the growing importance of layer-2 networks, emphasizing cost efficiency an...