What started as a single transaction from Satoshi to Hal Finney, has evolved into a complex system of industrial scale miners, evolving meta-protocols like the Lightning Network and Fedimint, and a full embrace…
The U.S. Federal Reserve is taking legal action against Bitcoin Magazine in an attempt to silence criticism of its recently launched FedNow interbank clearing and settlement service. In a letter sent to the…
Today, the United States Financial Services Committee passed the first anti-CBDC (Central Bank Digital Currency) bill. The initiative echoes sentiments shared by many in Congress. This legislation, championed by Majority Whip Tom Emmer,…
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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…