Federal Reserve


Markets

Volcker Might Have Said Yes to a Digital Dollar - If He Knew What It Was

What would the late former Federal Reserve Chair Paul Volcker have thought about digital currencies issued by central banks?

Former Fed Chairman Paul Volcker (center) with successors Alan Greenspan (left) and Ben Bernanke. (Credit: Federal Reserve)

Policy

Mnuchin 'Fine' With Libra Launch, But Crypto Project Must 'Fully' Comply With AML Rules

Steven Mnuchin, secretary of the U.S. Treasury, has no issue with the launch of the Facebook-led Libra project – as long as financial rules are followed to the letter.

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Markets

What the Fed Reserve's Balance Sheet Expansion Means for Bitcoin

The U.S. Federal Reserve is again expanding its balance sheet – prominent experts believe that could bode well for bitcoin in the long run.

federal reserve

Markets

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

The Fed warned that a stablecoin crisis could wreak havoc on the global economy and outlined the steps issuers must take to protect the status quo. 

Federal Reserve. Credit: Shutterstock

Markets

US Federal Reserve Hiring Retail Payments Manager to Research Digital Currencies

The central bank is expanding the role of its Retail Payments Manager to include digital currencies, stablecoins and distributed ledger technologies as part of a new hire.

(Getty Images)

Markets

Fed Governor Brainard Identifies Libra Threat, Says Regulatory Hurdles Abound

Federal Reserve governor Lael Brainard delivered a sharp critique of Libra, which would need to resolve many regulatory hurdles before going live.

(Getty Images)

Markets

US Lawmakers Ask Fed to Consider Developing 'National Digital Currency'

"We are concerned that the primacy of the U.S. Dollar could be in long-term jeopardy from wide adoption of digital fiat currencies."

Jerome Powell image via Federal Reserve

Markets

'No Argument' for Replacing Dollar's Global Role With Crypto: Ex-Fed Official

The ex-official pushed back at a suggestion from the chief of the Bank of England that a Libra-like crypto should replace USD in global markets.

Simon Potter ex-NY Fed official

Markets

Facebook Talked to the Fed About Libra, Chairman Powell Says

Fed chair Jerome Powell was asked about Facebook's Libra cryptocurrency during a press conference Wednesday.

Fed Chairman Jerome Powell

Markets

Boston Fed Announces Plans To Design a Blockchain 'Supervisory Node'

The Boston Federal Reserve is close to launching their own private supervisory node.

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