Federal Reserve System | ForkLog

ForkLog 16 18.03.2021

Peter Schiff complains about the Fed and argues with his son over bitcoin

Bitcoin skeptic and gold advocate Peter Schiff lamented that officials at the U.S. Federal Reserve completely lack understanding of economics.

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ForkLog 10 08.03.2021

US senator urges Fed to lead study into the digital dollar

Chairman of the US Senate Banking Committee, Sherrod Brown, urged the Federal Reserve to study the possibility of issuing a digital dollar. The official sent the letter to the Fed chair, Jerome Powell.

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ForkLog 12 25.02.2021

Fed system outage highlights Bitcoin network resilience

US Federal Reserve System (the Fed) reported a technical outage that disrupted several services for hours. The cryptocurrency community seized the moment to highlight Bitcoin’s resilience.

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ForkLog 11 23.02.2021

Fed hires former TD Ameritrade head of digital assets

The former top executive of TD Ameritrade Sunayna Tuteja has been appointed chief innovation officer at the Federal Reserve Bank of Richmond.

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ForkLog 20 17.02.2021

In the Fed’s view, bitcoin is a competitor to gold, not the dollar.

Bitcoin can compete with gold, but has little chance of becoming an alternative currency. CNBC aired that view voiced by James Bullard, president of the Federal Reserve Bank of St. Louis.

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ForkLog 10 10.02.2021

Fed study sees potential for integrating DeFi into the financial system

The Federal Reserve Bank of St. Louis released a report on the advantages and risks of deploying DeFi protocols in the financial infrastructure.

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ForkLog 13 31.01.2021

Fed seeks manager to research stablecoins and CBDCs

The U.S. Federal Reserve has posted a vacancy for a manager of digital innovations who will assess the pros and cons of stablecoins and central bank digital currencies (CBDCs), according to CoinDesk.

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ForkLog 7 22.01.2021

HSE professor flags main long-term risk for Bitcoin

The main risk for the cryptocurrency industry in the long term is government regulation. However, in the coming months Bitcoin's price has a chance to reach a new all-time high. This was stated by HSE professor Evgeny Kogan in his Telegram channel.

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ForkLog 13 15.01.2021

Jerome Powell says regulating stablecoins is a Fed priority

Regulating stablecoins is more important than issuing a US digital dollar, said Federal Reserve Chair Jerome Powell during an online conference at Princeton University.

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ForkLog 14 21.12.2020

Goldman Sachs: CBDC could boost the efficiency of fiscal and monetary policy

Analysts at Goldman Sachs saw only modest benefits for fiscal and monetary policy following the possible launch of the Fed's 'lite' version of the CBDC. But their effectiveness would rise by an order of magnitude after adding additional functionality to the digital dollar.

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ForkLog 11 24.10.2020

US to cut reporting threshold for international transfers to $250, including Bitcoin

The Financial Crimes Enforcement Network (FinCEN) and the U.S. Federal Reserve proposed to substantially reduce the threshold for cross-border transactions above which individuals must report the source of funds and banks must exchange information about their customers.

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ForkLog 17 19.10.2020

Fed Chair: For the United States, getting the digital currency right matters more than being first

In creating a cross-border digital currency for the Federal Reserve System (Fed), it is more important not to rush its issuance but to do it with the right approach, said Fed Chair Jerome Powell.

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