Digital Currency content

Non-fungible token (NFT) technology provides a mechanism to enable real assets (both virtual and physical) to be sold and exchanged on a blockchain. While NFTs are most often used for…

Learn More

Crypto assets and other financial technologies, which have grown rapidly, offer potential benefits and pose risks. For example, crypto assets had a market value of around $1.2 trillion in October…

Learn More

Policymakers, including some Members of Congress, are scrutinizing U.S. efforts to counter the role that cryptocurrency fundraising plays in the financing of terrorism. A key question for Congress is whether…

Learn More

This work provides a technical description of stablecoin technology to enable reader understanding of the variety of ways in which stablecoins are architected and implemented. This document also explores related…

Learn More

Non-fungible tokens, or NFTs, offer unique policy challenges and are an increasingly popular technology that acts as a digital certificate of ownership. While the United States has taken some important…

Learn More

GovWhitePapers published its latest trend report on the future of Blockchain in the government. This publication discusses how Blockchain is used, how it evolves on the dark web, its future…

Learn More

The Digital Dollar Project’s inaugural 2020 white paper urged the United States to accelerate the consideration of a digital dollar through real-world experimentation and proposed a “champion model” of a…

Learn More

Cryptocurrencies (or crypto) are digital financial instruments exchanged and recorded on public ledgers (known as blockchains) that do not require central intermediaries (e.g., commercial banks, central banks) for clearing and…

Learn More

Digital currencies are one of the latest innovations in payment systems being explored by governments, institutions, firms, and households. Digital currencies promise faster, cheaper, and more transparent transactions, especially across…

Learn More

The recent proliferation of private digital currencies or cryptocurrencies unsupported by any government authority, such as Bitcoin, has led to questions of whether the Federal Reserve (Fed) should create a…

Learn More

The involvement of a number of recently failed banks with the cryptocurrency industry seemed to be the manifestation of crypto market volatility affecting traditional finance. Failed banks’ exposure to crypto…

Learn More

Recent events in the crypto-asset sector have underscored the potentially heightened liquidity risks presented by certain sources of funding from crypto-asset-related entities. The joint statement highlights key liquidity risks and…

Learn More

The Biden Administration issued an Executive Order on ensuring the responsible development of digital assets acknowledging various policy implications, with the stated objectives of protecting consumers, ensuring American and global…

Learn More

From mid-June through mid-July 2022, the Cybersecurity and Infrastructure Security Agency (CISA) conducted an incident response engagement at a Federal Civilian Executive Branch (FCEB) organization where CISA observed suspected advanced…

Learn More

Read the transcripts from the hearing on “Terrorism and Cryptocurrency: Industry Perspectives,” held before the U.S. House Subcommittee on Intelligence and Counterterrorism of the Committee on Homeland Security. Read testimony from, the Blockchain…

Learn More