Federal Reserve

Federal Reserve to oversee digital asset activities for US banks
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11 August, 2023

Federal Reserve to oversee digital asset activities for US banks

Under a new program, the Federal Reserve will expand its oversight on novel banking activities like digital assets and other...
US Federal Reserve issues stablecoin warning to banks
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11 August, 2023

US Federal Reserve issues stablecoin warning to banks

The U.S. Fed warned any state banks dealing with digital asset “Dollar Tokens,” or stablecoins, to obtain a written “supervisory...
Federal Reserve of San Francisco seeks senior digital currency architect for CBDC project
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27 July, 2023

Federal Reserve of San Francisco seeks senior digital currency architect for CBDC project

The successful applicant will be in charge of creating "novel systems" around CBDCs, launching working prototypes of the system, and...
US Rep. Warren Davidson hits out at digital dollar—Bitcoin is the solution to CBDC fears
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26 July, 2023

US Rep. Warren Davidson hits out at digital dollar—Bitcoin is the solution to CBDC fears

U.S. Representative Warren Davidson claims CBDCs "corrupt money into a tool for coercion and control," he also called them the...
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...
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