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Federal Reserve

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...