Permainan judi slot online terbaik

slot hoki terpercaya

  • About
  • Contact
  • Privacy Policy
  • bitcoinBitcoin$22,948.00-1.43%
  • ethereumEthereum$1,651.85-1.31%
  • xrpXRP$0.399179-1.27%
  • bitcoin cashBitcoin Cash$131.58-3.46%
Cryptovibes.com - Daily Cryptocurrency and FX News
  • Home
  • News
  • Analysis
  • Crypto
    • Tamadoge
    • Crypto Presales
  • Autotrading
    • BitVestment
    • BitProfit
    • Bit Index AI
    • Metaverse Profit
    • Today Profit
    • Quantum Code
    • Bitcode Prime
    • Bitprime Gold
    • Bitcoin Motion
    • Bitcoin Smarter
    • Bitcoin Robot Guide
    • Bitcoin Future
    • Bitcoin Millionaire Pro
    • Bitcoin Pro
    • BitiCodes
    • Bitcoin Loophole
    • Bitcoin Up
    • Bitcoin Storm
    • Bitcoin SuperSplit
    • Bitcoin Supreme
    • TeslaCoin
    • Bitcoin System
    • Bitcoin Fortress
    • Immediate Edge
    • Bitcoin Profit
    • Bitcoin Trader
    • Bitcoin Bank
    • Bitcoin Union
    • BitQT
    • Bitcoin Prime
    • Profit Compass
    • Bitcoin Champion
    • Bitcoin Optimizer
    • NFT Profit
    • Bitcoin Decoder
    • PBN Invest
    • Quantum AI
    • Celebrities
      • Teeka Tiwari Investment plan
      • Kate Winslet Bitcoin
      • Holly Willoughby Bitcoin
      • Ant McPartlin Bitcoin
      • Nicole Kidman Bitcoin
      • James McAvoy Bitcoin
      • Jim Davidson Bitcoin
      • Peter Lim Bitcoin
      • Jonathan Ross Bitcoin
      • Bear Grylls Bitcoin
      • Phillip Schofield Bitcoin
      • Mike Hosking Bitcoin
      • Ryan Reynolds Bitcoin
      • Dick Smith Bitcoin
    • Broker Reviews
      • Herdos Review
      • FXTB Review
  • Disclaimer
  • PR
No Result
View All Result
Cryptovibes.com - Daily Cryptocurrency and FX News
No Result
View All Result

Digital Dollar Foundation And Accenture To Test US CBDC In 2021

John Wanguba by John Wanguba
May 4, 2021
in Blockchain
Reading Time: 4min read
Fed Introduces Discussion Paper On Benefits And Risks Of A Digital Dollar
Rate this post

Fortune 500 company Accenture has now teamed up with Digital Dollar Foundation to do Central Bank Digital Currency (CBDC) trials in the US. Five pilot programs are set to gather data on a digital dollar in the United States within the next 12 months.

On May 3, an official announcement was published about the newly formed Digital Dollar Project which will carry out the five CBDC pilot programs. The project’s primary objective is to generate data to inform US legislators on how to create a domestic digital currency.

This Digital Dollar Project is expected to launch three pilot programs within two months, generating data on the functional, business, and sociological benefits of a digital dollar. According to Al Jazeera reports, Christopher Giancarlo, the former chair of the Commodity Futures Trading Commission and co-founder of the Digital Dollar Foundation, insisted on the lack of US data about CBDC:

“There are conferences and papers coming out every week around the world on CBDCs based on data from other countries. What there is not, is any real data and testing from the United States to inform that debate. We’re seeking to generate that real-world data.”

Nevertheless, the Federal Reserve is taking a cautious approach as the guardian of the world’s reserve currency. Fed Chair Jerome Powell responded that it is far more critical to get a digital dollar right than it is to be fast.

Giancarlo countered that Powell was very right to be cautious. However, he warned that the United States could fall majorly behind as China continues to push ahead with its CBDC testing and deployment.

While the United States Federal Reserve has been doing a lot of research about the technology and applications for a CBDC, the US lags behind the digital currency initiatives that are currently ongoing in many other jurisdictions.

China’s central bank and leading state banks have recently been preparing to test the digital yuan for a shopping festival on May 5.

Accenture has worked on various CBDC projects in other countries like Singapore, Sweden, Canada, and France. Sweden has completed the first phase of its pilot project. Based on a study by the Bank of International Settlements (BIS), 80% of the world’s central banks are already researching the central bank-issued digital currencies.

Like what you're reading? Subscribe to our top stories
Tags: AccentureBank of International Settlements (BIS)BlockchainCBDCcentral bank digital currencies (CBDCs)digital dollarRegulationthe USUS Federal Reserve

Related Posts

Crypto-Related Enforcement Actions By US States Increased Steeply In 2022 – Report
Crypto news

Crypto-Related Enforcement Actions By US States Increased Steeply In 2022 – Report

February 3, 2023
Chinese Chipmakers Entangled In U.S.-China Tech Feud
FX Industry

Chinese Chipmakers Entangled In U.S.-China Tech Feud

February 3, 2023
Digital Asset Investment Products Record Largest Inflows Since July 2022 – Report
Analysis

Digital Asset Investment Products Record Largest Inflows Since July 2022 – Report

January 30, 2023
Facebook Twitter Instagram Telegram RSS Youtube

Newsletter

Like what you're reading? Subscribe to our top stories
situs qq online terpercaya
probola
Menyajikan live score bola terkini
www.jamberrynails.net
adtoken.com
Agen bola
judi online slot
daftar judi slot terbaru
situs BandarQQ Online
Situs judi online Terpercaya
poker online
judi bola
slot pragmatic
situs judi bola
situs judi bola
pragmatic play
judi bola
Situs Slot TOS885

Copyright © 2017-2019 Cryptovibes.com. Price data provided by our official partner CoinGecko.

No Result
View All Result
  • Home
  • News
  • Analysis
  • Crypto
    • Tamadoge
    • Crypto Presales
  • Autotrading
    • BitVestment
    • BitProfit
    • Bit Index AI
    • Metaverse Profit
    • Today Profit
    • Quantum Code
    • Bitcode Prime
    • Bitprime Gold
    • Bitcoin Motion
    • Bitcoin Smarter
    • Bitcoin Robot Guide
    • Bitcoin Future
    • Bitcoin Millionaire Pro
    • Bitcoin Pro
    • BitiCodes
    • Bitcoin Loophole
    • Bitcoin Up
    • Bitcoin Storm
    • Bitcoin SuperSplit
    • Bitcoin Supreme
    • TeslaCoin
    • Bitcoin System
    • Bitcoin Fortress
    • Immediate Edge
    • Bitcoin Profit
    • Bitcoin Trader
    • Bitcoin Bank
    • Bitcoin Union
    • BitQT
    • Bitcoin Prime
    • Profit Compass
    • Bitcoin Champion
    • Bitcoin Optimizer
    • NFT Profit
    • Bitcoin Decoder
    • PBN Invest
    • Quantum AI
    • Celebrities
      • Teeka Tiwari Investment plan
      • Kate Winslet Bitcoin
      • Holly Willoughby Bitcoin
      • Ant McPartlin Bitcoin
      • Nicole Kidman Bitcoin
      • James McAvoy Bitcoin
      • Jim Davidson Bitcoin
      • Peter Lim Bitcoin
      • Jonathan Ross Bitcoin
      • Bear Grylls Bitcoin
      • Phillip Schofield Bitcoin
      • Mike Hosking Bitcoin
      • Ryan Reynolds Bitcoin
      • Dick Smith Bitcoin
    • Broker Reviews
      • Herdos Review
      • FXTB Review
  • Disclaimer
  • PR

Copyright © 2017-2019 Cryptovibes.com. Price data provided by our official partner CoinGecko.

Situs sbobet resmi terpercaya. Daftar situs slot online gacor resmi terbaik. Agen situs judi bola resmi terpercaya. Situs idn poker online resmi. Agen situs idn poker online resmi terpercaya. Situs idn poker terpercaya.

situs idn poker terbesar di Indonesia.

List website idn poker terbaik.
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.