Could a central bank digital currency (CBDC) help America’s unbanked population? It appears that way, according to a new report by the Digital Dollar Project (DDP). The organization announced Thursday (Aug. 3) it had wrapped a pilot study conducted in collaboration with Western Union, BDO...
The Digital Dollar Project (DDP) will start a technical sandbox program starting in October to explore the technical aspects of implementing a U.S. central bank digital currency (CBDC), initially focusing on cross-border payments. Serving as a collaborative space for DDP participants and financial service providers,...
With cryptocurrencies like bitcoin beset by price spikes (and slides), a nonprofit organization plans to test the concept of a U.S. central bank digital currency in at least five pilot programs. The U.S. nonprofit Digital Dollar Project said Monday (May 3) it will roll out...
The U.S. Securities and Exchange Commission (SEC) unveiled charges against California-based blockchain services firm BitClave PTE Ltd. for allegedly holding an unregistered initial coin offering (ICO) of digital asset securities, according to a press release. The firm has agreed to settle the charges by giving...
August 03, 2023
Could a central bank digital currency (CBDC) help America’s unbanked population? It appears that way, according to a new report by the Digital Dollar Project (DDP). The organization announced Thursday (Aug. 3) it had wrapped a pilot study conducted in collaboration with Western Union, BDO Unibank in the Philippines, and support from Accenture. According to […]
August 31, 2022
The Digital Dollar Project (DDP) will start a technical sandbox program starting in October to explore the technical aspects of implementing a U.S. central bank digital currency (CBDC), initially focusing...
May 03, 2021
With cryptocurrencies like bitcoin beset by price spikes (and slides), a nonprofit organization plans to test the concept of a U.S. central bank digital currency in at least five pilot...
May 29, 2020
The U.S. Securities and Exchange Commission (SEC) unveiled charges against California-based blockchain services firm BitClave PTE Ltd. for allegedly holding an unregistered initial coin offering (ICO) of digital asset securities,...
