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A draft bill posted Tuesday to the U.S. Senate Committee on Banking, Housing and Urban Affairs defines a "digital dollar" and details how it might be maintained.
The latest version of a U.S. House bill to stimulate the economy during the coronavirus pandemic no longer includes any language around a digital dollar, though a Financial Services Committee bill still does.
Former CFTC Chair Chris Giancarlo sees the current set of financial systems – the older systems associated with the pre-digital age – as almost hopelessly obsolete.
In this video from WEF 2020, former Commodity Futures Trading Commission Chairman J. Christopher Giancarlo, also known as “Crypto Dad,” discusses his push to digitize the U.S. dollar and the future of global currencies.
Stephen Moore, whose failed bid to join the Fed imploded within months, has a new plan to disrupt global finance: a fractional reserved-backed stablecoin.