While the newest version of a proposed stimulus package to respond to the economic crisis caused by COVID-19 in the United States has scrapped mention of the digital dollar, at least one Senator is fighting to keep those provisions.
As Cointelegraph reported yesterday, March 23, a draft of the proposed economic stimulus bill was circulating that included the requirement of developing a digital dollar. The provisions further stipulated that all banks party to the Federal Reserve would need to host digital dollar wallets — all measures to expand economic inclusion.