Irish firm Accenture to oversee 5 ‘digital dollar’ pilots in the U.S.

The Digital Dollar Project, a non-profit organization co-founded by former Commodity Futures Trading Commission (CTFC) chairman Christopher Giancarlo, plans to launch five pilot programs focused on central bank digital currencies (CBDCs) within the next 12 months, a report by Reuters said yesterday.
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PayPay CEO reveals crypto business has grown “multiple-fold,” teases digital dollars

In an interview over the weekend, PayPal CEO, Dan Schulman, described how his firm could provide an intermediary service distributing a potential United States central bank digital currency (CBDC), should the Federal Reserve Board decide to follow through.
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World’s eight-oldest bank to explore the launch of a digital currency (CBDC)

Bank of England (BoE), the UK’s central bank and the world’s eighth-oldest bank, said it would form a task force to explore the launch of a digital currency, as per an official release today.
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China says ‘fully anonymous’ digital yuan is ‘not feasible’

The Chinese government is hoping to maximize the privacy settings on the upcoming digital yuan, the state’s native Central Bank Digital Currency (CBDC), a report on local publication SCMP said Monday.
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U.S. Federal Reserve says digital currencies can ‘coexist’ with cash

Jerome Powell, head of the US Federal Reserve, said state-backed digital currencies and official Central Bank Digital Currencies (CBDCs) can function alongside fiat money in the coming years, as per a report on business outlet Bloomberg on Thursday.
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