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Federal Reserve

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...
US Fed to launch FedNow instant payment service amid fears it could end CBDC interest
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16 March, 2023

US Fed to launch FedNow instant payment service amid fears it could end CBDC interest

FedNow gives users an instant 24/7 settlement service—part of the key appeal of a CBDC—and is fully endorsed by the...
Digital dollar is the only way US can fight ‘China’s surveillance coin,’ ex-CFTC boss says
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15 March, 2023

Digital dollar is the only way US can fight ‘China’s surveillance coin,’ ex-CFTC boss says

Christopher Giancarlo, who served as the 13th chair of the Commodity Futures Trading Commission, has called for accelerated digital dollar...
Systemic risk and digital assets
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16 January, 2023

Systemic risk and digital assets

The impact of FTX's collapse may be largely restricted to the digital asset industry, but one effect the crisis had...
US Fed, OCC urge banks to be cautious with digital assets
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10 January, 2023

US Fed, OCC urge banks to be cautious with digital assets

The two joined the FDIC in issuing a statement saying 2022’s events exposed the vulnerabilities of the sector, urging banks...
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