Federal Reserve

Stablecoins ‘Pose Risk to Financial Stability’ Warns Federal Reserve

Stablecoins could “complement” other payment systems and improve conditions for consumers, but need constant checks, says the United States Federal…

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Stablecoin Crisis Could Wreck Global Finance, Fed Warns in New Report

The U.S. Federal Reserve Board on Friday warned that a stablecoin crisis could wreak havoc on the global economy and…

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No More Basement Rigs, Greater Profits to Come

Back in the early days, when Bitcoin (BTC) was but a niche experiment for cypherpunks and basement-dwelling hobbyists, the process…

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US Federal Reserve Hiring Retail Payments Manager to Research Digital Currencies

The U.S. Federal Reserve is hiring a manager to oversee its traditional payments section, while adding new responsibilities to the…

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US Federal Reserve Hiring New Manager to Research Digital Currencies

The United States Federal Reserve is hiring a manager for its Retail Payments section in Washington, D.C. On Nov. 3,…

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US Federal Reserve Hiring Retail Payments Manager to Integrate Digital Currencies

The U.S. Federal Reserve is hiring a manager to oversee its traditional payments section, while adding new responsibilities to the…

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China Is Pushing Blockchain Adoption, Seizing the Momentum From US

Recently, the National People’s Congress in China cleared a new law that will allow local authorities to start regulating all…

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Facebook’s Libra Users Lack Clear Rights

A member of the Federal Reserve’s Board of Governors has said that Facebook’s Libra could pose risks to consumers due…

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Fed Governor Brainard Identifies Libra Threat, Says Regulatory Hurdles Abound

Federal Reserve governor Lael Brainard delivered a sharp critique of Libra on Wednesday, stating the Facebook-led project would need to…

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US Congressmen Ask Fed to Consider Developing ‘National Digital Currency’

Two U.S. lawmakers want the Federal Reserve to consider creating a digital dollar. In a letter sent to Federal Reserve…

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