Federal Regulation

Treasury

Treasury recommends exploring creation of a digital dollar – Associated Press

Photo: Treasury Secretary Janet Yellen The Biden administration is moving one step closer to developing a central bank digital currency, known as the digital dollar, saying it would help reinforce the U.S. role as a leader in the world financial system. The White House said on Friday that after President Joe Biden issued an executive

Opinion

Opinion: Will the Government Kill Bitcoin?

The internet is abuzz with chatter and questions about cryptocurrency—yes, again—after Bitcoin’s price recently broke $60,000 a coin. A serious question on many lips and screens is whether the federal government will allow this rival to the U.S. dollar to continue operating, or if it will regulate it more strictly — or even ban it. Opinions on

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