Biden’s Executive Order Calls for ‘Highest Urgency’ on CBDC Research and Development

Biden’s Executive Order Calls for ‘Highest Urgency’ on CBDC Research and Development

There are several organizations already researching and piloting CBDCs in the United States, including the Boston Fed (which has partnered with Massachusetts Institute of Technology (MIT) on CBDC technology, and the Digital Dollar Project, a public-private partnership founded by consulting firm Accenture and Chris Giancarlo, the former chairman of the Commodity Futures Trading Commission (CFTC).

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