United States of America

Working Group: Finance - CBDCs

Country: United States of America

Government Body: Federal Reserve System

Key Issue: CBDC

Type of Action: Internal Project

Status: In Progress

Next Steps: To be published

Summary: The Federal Reserve Bank of Boston announced that it is collaborating with the Digital Currency Initiative at Massachusetts Institute of Technology (MIT) for technical research related to a central bank digital currency (CBDC). This is a multi-year effort aimed at broadening the understanding of CBDCs.

Date: 13 August 2020

Regulation URL/Source: https://www.bostonfed.org/news-and-events/press-releases/2020/the-federal-reserve-bank-of-boston-announces-collaboration-with-mit-to-research-digital-currency.aspx

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