Federal Reserve News
The Federal Reserve. or The Federal Reserve System, is the central bank of the United States that was founded in 1913 by the U.S. Congress in order to establish central financial control. The Federal Reserve is responsible for a lot of functions, so some may become confused about its role and ask the question “what does the Federal Reserve do?” The main objectives of the Federal Reserve System were established along with its founding in 1913. They are: maximizing employment, stabilizing prices and moderating long-term interest rates. Those are achieved by open-market operations, placing the discount rate, and establishing reserve requirements for financial institutions. Decisions and prognoses of the Federal Reserve are crucial for world’s economy because most economic operations are dependent on the U.S. dollar, which falls under the Federal Reserve’s control.
The United States Federal Reserve needs its own digital currency to protect against a possible overnight proliferation of stablecoin technology, says Fed chairm...
US Fed: CBDC a ‘very high priority’ to combat bad private sector money
JPMorgan is using blockchain to drive efficiency in the repo market; Goldman and others are taking notice.
Goldman Sachs to utilize JPM Coin for repo trades
Will Bitcoin end the dollar’s supremacy one day?
Bitcoin will gain from distrust in traditional finance, says bank strategist
A mountain of fresh U.S. debt contrasts with a mountain of institutional cash potentially set to flow into Bitcoin thanks to major FOMO.
New US stimulus, Brexit and $20K: 5 things to watch in Bitcoin this week
The Biden team looks to Janet Yellen to lead the next administration's economic policy, which will have to navigate the wreckage left in the wake of the coronav...
Biden plans for former Fed Chair and noted Bitcoin bear to lead US Treasury
“This proposal, if adopted, would prove to be an invasion of privacy."
Crypto users speak out on proposed change to FinCEN Travel Rule
The paper also put forward CBDCs as solutions to high transaction fees and the energy use of mining cryptocurrencies like Bitcoin.
US Fed researcher says CBDCs should beat Big Tech payments on privacy protection
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