Federal Reserve
Reserve Bank of India opens talks with US, Hong Kong for cross-border CBDC features
India is eyeing a collaboration with U.S. Federal Reserve and HKMA for cross-border CBDC functionality to enhance international remittances and...
Federal Reserve governor airs doubts over CBDC benefits
Federal Reserve Governor Michelle Bowman has doubts about CBDCs, stating that “the potential uses of a U.S. CBDC remain unclear...
Financial Services Committee approves bill prohibiting CBDC in US
The U.S. House Financial Services Committee has approved the CBDC Anti-Surveillance State Act, which will now be put before the...
Digital Dollar Project explores CBDC impact on remittances with Western Union
The Digital Dollar Project announced in a press release that it had completed a pilot study focusing on retail CBDCs,...
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
The U.S. Fed warned any state banks dealing with digital asset “Dollar Tokens,” or stablecoins, to obtain a written “supervisory...
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