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‘Not Related to a Digital Currency’ — US Central Bank Addresses Concerns Over Fednow Payment Network

‘Not Related to a Digital Currency’ — US Central Bank Addresses Concerns Over Fednow Payment NetworkThe U.S. Central Bank has issued an update regarding the Federal Reserve’s Fednow project, which is scheduled to commence in July. The Fed has responded to recent criticism of the Fednow service and asserts that the Fednow payment network is “neither a form of currency nor a step toward eliminating any form of payment, including […]

Avalanche of Institutional Capital Enters Crypto Markets in Fourth Straight Week of Inflows: CoinShares

US Lawmakers Say Any Digital Dollar Must Be Open, Permissionless, and Private

US Lawmakers Say Any Digital Dollar Must Be Open, Permissionless, and PrivateNine U.S. lawmakers have raised concerns regarding the U.S. central bank digital currency project led by the Federal Reserve Bank of Boston. The lawmakers stressed: “Any U.S. CBDC must be open, permissionless, and private.” Congressmen Say Any US CBDC Must Be Open, Permissionless, and Private U.S. Congressman Tom Emmer (R-MN) announced Thursday that he has […]

Avalanche of Institutional Capital Enters Crypto Markets in Fourth Straight Week of Inflows: CoinShares

Federal Reserve Bank of Boston and MIT Release Central Bank Digital Currency Research and Open-Source Code

Federal Reserve Bank of Boston and MIT Release Central Bank Digital Currency Research and Open-Source CodeThe Federal Reserve Bank of Boston and the Massachusetts Institute of Technology (MIT) have jointly published the initial findings of their central bank digital currency (CBDC) research. They also published the open-source code for the CBDC project. Boston Fed and MIT Publish Initial Findings of Their CBDC Research The Federal Reserve Bank of Boston and […]

Avalanche of Institutional Capital Enters Crypto Markets in Fourth Straight Week of Inflows: CoinShares

The Fed Plans to Unveil Digital Dollar Prototypes in July

The Fed Plans to Unveil Digital Dollar Prototypes in JulyThe Federal Reserve is actively working on a central bank digital currency and some prototypes are near completion. The Federal Reserve Bank of Boston and the Massachusetts Institute of Technology (MIT) plan to unveil two prototypes of a digital dollar as early as July. Digital Dollar Prototypes Coming Soon Federal Reserve Chairman Jerome Powell said […]

Avalanche of Institutional Capital Enters Crypto Markets in Fourth Straight Week of Inflows: CoinShares