Cryptocoins News / Blockchain - 1 year ago
Arthur Hayes' article "Kite or Board" critiques the U.S. Federal Reserve, highlighting its challenges like autonomy, inflation tax, policy changes, and banking sector transition. He suggests Bitcoin as a decentralized, finite supply, and global accep...
Bitcoin News / Bitcoin.com - 1 year ago
The America First Policy Institute (AFPI) recently sounded the alarm on the potential dangers of transitioning to a central bank digital currency (CBDC). This revelation, in a report penned by Michael Faulkender and David Vasquez, highlights the prob...
Cryptocoins News / The Cointelegraph - 1 year ago
Moonstone Bank, which renamed itself Farmington State Bank, received roughly $11.5 million from FTX’s sister firm, Alameda Research, through its holding company in 2022....
Bitcoin News / Bitcoinist - 1 year ago
In a groundbreaking move that underscores the growing acceptance of distributed ledger technologies (DLT) in traditional finance, the US Federal Reserve has added the Hedera Hashgraph (HBAR) based Dropp to its list of service providers for the FedNow...
Bitcoin News / Bitcoin.com - 1 year ago
Federal Reserve Governor Michelle Bowman says additional interest rate increases will likely be needed to get inflation on a path down to the Fed’s target. “I will also be watching for signs of slowing in consumer spending and signs that labor...
Bitcoin News / Bitcoin.com - 1 year ago
In the latest Federal Open Market Committee (FOMC) report, it was stated that the U.S. economy has been experiencing moderate growth and members of the committee have decided to raise the federal funds rate by 25 basis points (bps) in order to keep a...
Cryptocoins News / The Cointelegraph - 1 year ago
San Francisco’s Federal Reserve Bank is seeking a crypto architect for a central bank digital currency. San Francisco's Federal Reserve Bank is seeking a crypto archit...
Bitcoin News / Bitcoin.com - 1 year ago
The Federal Reserve has launched its Fednow Service for instant payments with 35 participating banks and credit unions, as well as 16 service providers. “The Federal Reserve is committed to working with the more than 9,000 banks and credit unions acr...
Bitcoin News / Bitcoinist - 1 year ago
The U.S. Federal Reserve (Fed) has finally launched the much-anticipated FedNow service. According to a press release by the American apex bank on July 20, the modern instant payment system is live. It will enable Americans to conduct speedy bank tra...
Cryptocoins News / CoinJournal - 1 year ago
The newly launched FedNow Service aims to empower banks and credit unions.
FedNow will allow for the execution of transactions 24/7 365 days a year.
35 banks and credit unions, including the U Bureau of the Fiscal Service of the US Department of the...
Bitcoin News / Bitcoin Magazine - 1 year ago
In an announcement Thursday morning, the Federal Reserve unveiled that its instant payment system, the FedNow® Service, has officially gone live. This tool aims to empower banks and credit unions of all sizes to facilitate instantaneous money transfe...