Full steam ahead for the digital dollar — but no go for bitcoin as (widespread) transaction mechanism? U.S. Treasury Secretary Janet Yellen said at a virtual conference held Monday (Feb. 22) by the New York Times that central banks should examine creating and issuing sovereign digital currencies. As quoted in the Times, Yellen said that a digital dollar, overseen by the Federal Reserve, tied to the blockchain, could result in “faster, safer and cheaper payments,” according to the discussion, as quoted by the newspaper. But in terms of the actual creation, issuance and distribution of digital dollars, Yellen posed ... (full story)