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…
The Federal Reserve of the United States clarified that its new service for instant payments between organizations — FedNow Service — has no relation with central bank digital currencies (CBDCs). The Federal Reserve…
Custodia, an innovative bitcoin and cryptocurrency bank seeking to establish a charter in Wyoming, took a bold step by filing a groundbreaking lawsuit against the Federal Reserve on June 7, 2022. The legal…
Historically high-interest rates in the United States could “exacerbate” stress in an already shaky banking system, said a member of the Federal Reserve’s Board of Governors on Wednesday. The governor also hinted that…
Zoltan Pozsar, who until recently worked as the managing director of investment bank Credit Suisse, offered his insight into financial markets and the issues that are weakening the dollar’s dominance around the world….
The Federal Reserve balance sheet increased by $300 billion in one week, leading to debate about whether these actions qualify as quantitative easing. The article below is an excerpt from a recent edition…
A forthcoming New York Times article is expected to introduce “fractional reserve indirect carbon accounting” and target bitcoin mining. This is an opinion editorial by Pierre Rochard, the vice president of research at…
A joint statement ensured that all customer deposits at the respective banks will be honored by the federal government. The U.S. Treasury, Federal Reserve, and the Federal Deposit Insurance Corporation (FDIC) announced on…