Federal Reserve

Big banks test unified ledger concept; Fed says digital currencies can promote financial inclusion
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13 July, 2023

Big banks test unified ledger concept; Fed says digital currencies can promote financial inclusion

The completion of proof of concept for the Regulated Liability Network opens doors for banks to unify their messaging and...
NY Fed new proof of concept report tackles simulated CBDCs
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10 July, 2023

NY Fed new proof of concept report tackles simulated CBDCs

The Regulated Liability Network (RLN) might be integrated with commercial bank deposit tokens or a wholesale central bank digital currency...
57 firms certified for FedNow launching in late July: US Fed
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8 July, 2023

57 firms certified for FedNow launching in late July: US Fed

The U.S. Federal Reserve says the 57 firms will be ready to send and receive payments on FedNow upon launch...
House Committee tackles draft bills to redefine regulation, enforcement of digital assets and stablecoins
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16 June, 2023

House Committee tackles draft bills to redefine regulation, enforcement of digital assets and stablecoins

U.S. House Committee members give differing takes on two proposed bills focused on regulating digital assets amid the tug-of-war between...
US credit unions back anti-CBDC bill citing absence of clear ‘regulatory parameters’
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15 June, 2023

US credit unions back anti-CBDC bill citing absence of clear ‘regulatory parameters’

NAFCU argued that regulatory guidelines for a digital dollar could only be achieved in consultation with Congress and stakeholders, including...
US bipartisan stablecoin bill could spell doom for Tether
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18 April, 2023

US bipartisan stablecoin bill could spell doom for Tether

The draft bill states a two-year interval on issuing stablecoins and access to central bank borrowing and deposit accounts but...
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