Federal Reserve

Will Joe Biden Launch a Digital Dollar to Make Relief Payments?
Feb 26, 2021 at 11:56
News
Will Joe Biden Launch a Digital Dollar to Make Relief Payments?
The US President Joe Biden promised to deliver a $1.9 trillion stimulus plan to revamp the country's economy that was hit hard by the Covid-19 pandemic.
US Regulators to Define Cryptocurrency as Money to Combat Terrorism Financing
Oct 26, 2020 at 14:32
News
US Regulators to Define Cryptocurrency as Money to Combat Terrorism Financing
The US Federal Reserve Board and Fincen are proposing to extend the definition of money to include cryptocurrency. This move might prove that financial regulators are willing to admit digital money as a payment method while opening up new possibilities for it. On the other hand, this might also mean a strengthening of control.
The USA Is Going Online: First Digital Dollar, Now Digital Signatures
Oct 06, 2020 at 13:55
News
The USA Is Going Online: First Digital Dollar, Now Digital Signatures
The USA seems to be keeping pace with global digitization. Shortly after the country announced its plans on issuing the digital dollar, a new bill was presented to legalize blockchain-based digital signatures.
Digital Dollar Wallet to Each American: USA Plans to Launch its Digital Currency
Oct 02, 2020 at 13:29
News
Digital Dollar Wallet to Each American: USA Plans to Launch its Digital Currency
It seems the rumours about the launch of digital dollars have been confirmed. The US Federal Reserve has been making actual efforts to launch their Central Bank Digital Currency (CBDC).
It’s Cryptocurrency Time: US Dollar May Face Default
Mar 31, 2020 at 11:32
News
It’s Cryptocurrency Time: US Dollar May Face Default
The US economy will get a $2 trillion injection from the Federal Reserve to aid the citizens and businesses suffering from the COVID-19 pandemic. However, some experts of the industry including John McAfee believe this might have negative consequences over the country’s economy and cause unprecedented inflation.
US Democrats Want to Create a Digital Dollar to Withstand the COVID-19 Crisis
Mar 26, 2020 at 10:44
News
US Democrats Want to Create a Digital Dollar to Withstand the COVID-19 Crisis
Recently, the US Democrats in the house of Representatives proposed two bills both leading to the creation of a digital version of the USD. The Dems say the bill is meant to empower personal income during the raging COVID-19 Crisis.
US Banks to Have 0% Reserve Requirement Due to Coronavirus
Mar 24, 2020 at 14:11
News
US Banks to Have 0% Reserve Requirement Due to Coronavirus
The US Federal Reserve recently announced drastic and controversial measures allowing commercial Banks under its jurisdiction to operate without any reserve with the Federal Reserve.
How Will the US Federal Reserve Rate Cut Affect Bitcoin?
Mar 06, 2020 at 08:25
News
How Will the US Federal Reserve Rate Cut Affect Bitcoin?
Correspondence of interest rate cuts by the US Federal Reserve  to respond to the recession crisis caused by the global spread of new coronavirus (COVID-19) is growing, and interest in the cryptocurrency market is increasing.
Cryptocurrency & Blockchain Arms Race Triggered By JPMorgan
Feb 21, 2019 at 13:19
News
Cryptocurrency & Blockchain Arms Race Triggered By JPMorgan
The newly created cryptocurrency “JPM Coin” by JPMorgan (JPM) is gaining momentum in the blockchain arms race amongst the giant United States (U.S.) Federal Reserve (Fed), at a higher rate. It’s the first bank to develop its own digital coin. The coin is pegged to the U.S. dollar.
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