Category: Federal Reserve

A new draft bill published in the United States aims to provide a regulatory framework for stablecoins. The bill proposes that the Federal Reserve oversee non-bank stablecoin issuers such as…

In an effort to provide First Republic Bank with a time buffer to address balance sheet concerns, US authorities are reportedly deliberating on expanding an emergency credit line for banks,…

The recent collapse of Silicon Valley Bank (SVB) has prompted an internal investigation by the Federal Reserve to look into the failure of the bank and the Fed’s regulation of…

In a bid to prevent the Federal Reserve from launching a "direct-to-consumer" CBDC, Republican Senator Ted Cruz has introduced a bill aimed at blocking the move. Cruz is concerned that…

Representatives from the Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve will provide testimony about the failure of two major banks, Silicon Valley Bank and Signature Bank, at an…

The US Federal Reserve is taking steps to address the fast-evolving cryptocurrency industry. The central bank has announced that it is creating a specialized team of experts to monitor developments…

Custodia Bank, a bank that deals in cryptocurrencies, asked the United States Federal Reserve to reconsider its membership application to the Federal Reserve System. However, the United States Federal Reserve…

Tom Emmer, a representative for Minnesota in the United States House of Representatives, has proposed a piece of legislation that, if passed, would prevent the Federal Reserve from launching a…

Ray Dalio, a billionaire investor, has said that fiat money is under "jeopardy" as an effective store of wealth, but he does not think that Bitcoin (BTC) and stablecoins will…