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Federal Reserve

Fed slaps crypto-friendly banks for ‘deficiencies’
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12 September, 2024

Fed slaps crypto-friendly banks for ‘deficiencies’

The Board of Governors of the Federal Reserve System issued a cease & desist order against the UTB following an...
‘Crypto’-friendly Customers Bank hit with Fed Reserve enforcement action
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9 August, 2024

‘Crypto’-friendly Customers Bank hit with Fed Reserve enforcement action

The Fed Board hit Customers Bank with an enforcement action after results of inspections carried out by the central banking...
North Carolina House of Representatives overturns governor’s veto of bill banning CBDC
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5 August, 2024

North Carolina House of Representatives overturns governor’s veto of bill banning CBDC

Prohibiting testing or accepting a potential U.S. central bank digital currency remains on the table after the majority of North...
North Carolina governor vetoes anti-CBDC bill
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9 July, 2024

North Carolina governor vetoes anti-CBDC bill

The North Carolina Governor said the bill was "premature, vague and reactionary and proposes an end result on important monetary...
SEC, California, Federal Reserve beat Silvergate Bank’s dead horse
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3 July, 2024

SEC, California, Federal Reserve beat Silvergate Bank’s dead horse

The U.S. securities regulator announced that it had filed charges against Silvergate Capital Corporation, which operated the California-based 'crypto-friendly' Silvergate...
North Carolina Assembly passes CBDC ban bill
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2 July, 2024

North Carolina Assembly passes CBDC ban bill

The bill passed the Assembly in a 109-4 vote on June 26, following the passing of the state Senate in...
National Australia Bank kills off stablecoin project
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25 June, 2024

National Australia Bank kills off stablecoin project

NAB started work on the AUDN stablecoin in 2022 and thought clients would use it to settle cross-border transactions, but...
Push for vote on anti-CBDC Act endangers bipartisan support for US stablecoin bill
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4 April, 2024

Push for vote on anti-CBDC Act endangers bipartisan support for US stablecoin bill

As criticism grows over a digital dollar, Republicans push for an anti-CBDC bill, which industry leaders projected to disrupt bipartisan...
Jerome Powell denies having CBDC lab, study says ‘crypto’ won’t become money
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22 March, 2024

Jerome Powell denies having CBDC lab, study says ‘crypto’ won’t become money

U.S. Fed Chair Jerome Powell insists he's not plotting to unleash a CBDC, while a new study says concerns about...
CBDC among Federal Reserve’s key duties on payment systems
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19 March, 2024

CBDC among Federal Reserve’s key duties on payment systems

A document prepared by the Federal Reserve for presentation to Congress reveals that a CBDC is one of the key...
Republicans alarmed by Fed’s CBDC plans; ‘crypto’ voters prefer Trump to Biden
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18 March, 2024

Republicans alarmed by Fed’s CBDC plans; ‘crypto’ voters prefer Trump to Biden

Republicans are sounding the alarm over the U.S. Federal Reserve’s CBDC plans, while ‘crypto’ voters prefer CBDC-opponent Donald Trump rather...
Anti-CBDC bill introduced in US Senate
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1 March, 2024

Anti-CBDC bill introduced in US Senate

The five senators, led by Senator Ted Cruz, claim that a digital dollar is the Biden administration’s attempt to illegally...