US Treasury to Lead New Working Group Looking at Digital Dollar

The Treasury Department will lead a new senior-level working group that will soon start regular talks on the possible launch of a digital dollar.

The group will include “leaders” from the Treasury, Federal Reserve, National Security Council and other agencies, Nellie Liang, Treasury undersecretary for domestic finance, said Wednesday.

In the coming months the group “will begin to meet regularly to discuss a possible CBDC and other payment innovations,” Liang said, referring to a central bank digital currency, in remarks at an event hosted by the Atlantic Council think tank in Washington.

Discussions will likely revolve around whether a ...