Search Result for 'Fed'

Federal Reserve Chairman Jerome Powell said on Wednesday that emerging financial technologies, such as cryptocurrencies and stablecoins, require new rules and legal frameworks as they present new forms of risks to consumers. ...

On February 18, Rael Brainard, a governor at the Federal Reserve Board, called for expansive research and development of CBDC at the 2022 US Monetary Policy Forum, New York. In her speech ...

The Federal Reserve Board has released the long-awaited white paper of its own digital currency but remains non-committed on whether it would launch a CBDC or not. The central banking system has ...

Senator Tom Emmer, a crypto enthusiast, proposed a bill on January 12 that seeks to restrict the Federal Reserve from issuing a Central Bank Digital Currency. The move came unexpectedly as more ...

Federal Reserve Chairman Jerome Powell recently answered several queries related to crypto-assets during a confirmation hearing for his second tenure as the central bank governor. In response to a question posed by ...

The New York Federal Reserve Bank announced on Monday that it has established the New York Innovation Center (NYIC) to develop and test new financial technologies. In partnership with the Bank for ...

Federal Reserve Board member Christopher Waller has challenged some of the regulations proposed by the President's Working Group on stablecoins. In his speech at the Ohio Monetary Policy Conference on Wednesday, Waller ...

The US Securities and Exchange Commission (SEC) has suspended the registration of digital tokens offered by Wyoming-based American CryptoFed DAO. Registration of digital assets will be halted until a formal administrative decision ...

The Federal Reserve Board (FRB) released its latest financial stability report on October 8th. The twice-yearly report analyzed the risks posed by stablecoin and called it an ‘emerging’ threat to financial stability. ...

The U.S. Federal Reserve has revealed its plans to launch a review on potential risks and opportunities of Digital Dollar, the potential Central Bank Digital Currency (CBDC) of the US, as early ...