New OCC Head Could Influence US Crypto Regulations – BeInCrypto

US Treasury Secretary Janet Yellen is expected to appoint Michael Hsu, a senior Federal Reserve Official, to serve as head of the Office of the Comptroller of the Currency (OCC).

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Accenture and Digital Dollar Foundation to trial United States CBDC this year

Fortune 500 company Accenture has teamed up with Digital Dollar Foundation to conduct Central Bank Digital Currency, or CBDC, trials in the United States.
Announced on Monday, May 3, the newly formed Digital Dollar Project will carry out five CBDC pilot programs over the next 12 months.

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Bahamas ranked first for retail CBDC development, according to PwC

A new ranking of global central bank digital currencies, or CBDCs, places the Bahamas at the top of the leaderboard in terms of retail applications – offering an important glimpse in the race to issue government-backed cryptocurrencies.

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Digital Dollar too Important to Rush, Says Fed Chairman – BeInCrypto

U.S. Federal Reserve Chairman Jerome Powell spoke on 60 Minutes about the possibility of issuing a digital dollar.

60 Minutes correspondent Scott Pelley said that China recently developed its own central bank digital currency (CBDC). In light of this, he asked Powell whether the U.S.

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Biden Administration Keeping Tabs on Digital Yuan Development in China – BeInCrypto

The Biden administration is reportedly monitoring the development of the digital yuan. There are fears that a Chinese central bank digital currency (CBDC) will be used to skirt sanctions and could affect the dollar’s dominance.

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US Fed: CBDC a ‘very high priority’ to combat bad private sector money

Cryptocurrency stablecoins could become systemically important overnight, says United States Federal Reserve Chairman Jerome Powell, and that’s why the Fed is determined to get its own central bank digital currency right.
CBDCs are the banking industry’s answer to cryptocurrency stablecoins.

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Law Decoded: Big Tech, Central Banks and the Hunt for Monopolies, July 24-31

Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law. 
Editor’s note
The concept of monopoly will reign in today’s Law Decoded.

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Tech Like CBDCs Central to Senate Hearing on China-US Competition

On July 22, the Senate Banking Committee’s Subcommittee on Economic Policy held a hearing on the role of innovation in the rising com
Today’s hearing comes on the heels of a Department of Justice indictment yesterday against several hackers accused of working for the Chinese government to steal trad

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