Tag: digital dollar

What would be the impact of a US ‘digital dollar’?

  by Juliette MICHEL Agence France Presse NEW YORK, United States (AFP) — US President Joe Biden has ordered the federal government to look into creating a digital dollar, a move with the potential to reshape how money is moved and used around the world. Before his order results in a virtual greenback, there will be numerous major impacts — and risks — to consider first. Here are some key questions: – What form would […]

Biden orders work to begin on future digital dollar

  by Heather SCOTT and Aurelia END Agence France Presse WASHINGTON, United States (AFP) — President Joe Biden on Wednesday ordered government agencies to begin work on creating a digital US dollar, weighing the risks and benefits of a move that could be a game changer for the global financial system. Coming amid the explosive rise of private crypto currencies like bitcoin, the US effort will place “the highest urgency on research and development efforts […]