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Federal Reserve Digital Dollar DLT Testing Underway But CBDC Monetary Policy Lags

Federal Reserve Digital Dollar DLT Testing Underway But CBDC Monetary Policy Lags

Federal Reserve Board Governor Lael Brainaird announced that the United States Federal Reserve is currently experimenting with blockchain and DLT in pursuit of its central bank digital currency (CBDC) or digital dollar.

Fed Governor Warns ECB Forum that Libra Risks are Immense

Fed Governor Warns ECB Forum that Libra Risks are Immense

The Governor of the Federal Reserve, Lael Brainard warned a European Central Bank (ECB) forum in Germany, that the risks posed by the potential mainstream adoption of the Facebook proposed stablecoin Libra, are too immense.

Federal Reserve Considers a FEDcoin in Wake of Rising Stablecoin and CBDC Development

Federal Reserve Considers a FEDcoin in Wake of Rising Stablecoin and CBDC Development

Federal Reserve Governor, Lael Brainard said that the Fed is weighing the developments and policy issues in the digital payments sector and experimenting with central bank digital currencies (CBDC) in consideration of potentially issuing it own digital currency.

Federal Reserve Chairman Powell to Address IMF on Digital Currencies Next Week

Federal Reserve Chairman Powell to Address IMF on Digital Currencies Next Week

Federal Reserve Chairman Jerome Powell will be speaking to the International Monetary Fund (IMF) next week as part of a panel on cross-border digital payments.

Federal Reserve Bank of Boston Partners with MIT to Research How Crypto Can Co-exist with the Dollar

Federal Reserve Bank of Boston Partners with MIT to Research How Crypto Can Co-exist with the Dollar

The Federal Reserve Bank of Boston has partnered with the Massachusetts Institute of Technology (MIT) to research the feasibility of cryptocurrencies co-existing with fiat currencies

COVID-19 Relief Spurs Federal Reserve Towards Digital Payments with FEDNow

COVID-19 Relief Spurs Federal Reserve Towards Digital Payments with FEDNow

The Federal Reserve is accelerating towards digital payments technology as the COVID-19 pandemic has highlighted the need to provide faster methods of relief. The United States central bank has announced the development of its own platform—FedNow.

Fed Governor Christopher Waller Says US CBDC Not Necessary for Dollar’s Supremacy

Fed Governor Christopher Waller Says US CBDC Not Necessary for Dollar’s Supremacy

Waller said the Fed has not made decisions concerning CBDCs. He stated that his remarks are aimed at giving a free and open dialogue on the utility of such digital currencies.

US Congressmen Ask Federal Reserve to Create National Digital Currency

US Congressmen Ask Federal Reserve to Create National Digital Currency

Two members of the United States House of Representatives Financial Services Committee recently asked the Federal Reserve if it has any plans to create a U.S. dollar digital currency.

Why Bitcoin Has Threatened US Dollar Dominance and Federal Reserve

Why Bitcoin Has Threatened US Dollar Dominance and Federal Reserve

How Bitcoin has threatened US dollar dominance and Federal Reserve power, and has been reducing the role of the government in issuing money.

Federal Reserve Votes to Keep Inflationary Monetary Conditions as US Economy Heals

Federal Reserve Votes to Keep Inflationary Monetary Conditions as US Economy Heals

Federal Reserve officials voted at the Federal Open Market Committee (FOMC) meeting to maintain the same monetary conditions that have aided Bitcoin's 2020 price surge.

US Federal Reserve Weighs the Pros and Cons of a Digital Dollar CBDC

US Federal Reserve Weighs the Pros and Cons of a Digital Dollar CBDC

The US Federal Reserve has continued to research the benefits and impact of implementing a central bank digital currency (CBDC).

Federal Reserve Bank Sees Nationwide Outage Days After Treasury Sec Says Bitcoin is "Extremely Inefficient"

Federal Reserve Bank Sees Nationwide Outage Days After Treasury Sec Says Bitcoin is "Extremely Inefficient"

The Federal Reserve Bank suffered a massive outage on its system, lending credence to the superiority of Bitcoin as a decentralized network.

Federal Reserve Has Been Advancing CBDC Research with US Regional Banks’ Contributions

Federal Reserve Has Been Advancing CBDC Research with US Regional Banks’ Contributions

The Federal Reserve's research and development on a central bank digital currency issuance has been complemented by several regional Federal banks' efforts.

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