Senate Banking Committee Remains Open to Idea of Digital Dollar in Tuesday’s Hearing

Coindesk | Jul 1, 2020 at 2:00 AM
  • Not every U.S. lawmaker is on board with the idea of a central bank digital currency (CBDC) or digital dollar, but no one explicitly rejected it during a hearing of the powerful Senate Banking Committee Tuesday.
  • The lawmakers present asked questions about financial inclusion, including what potential regulations or laws might make digitization easier and more accessible to the unbanked.