By Jeremy M. McLaughlin and Daniel S. Nuñez Cohen Last week the Federal Reserve Board (the “Fed”) issued a discussion paper entitled “Money and Payments: The U.S. Dollar in the Age of Digital Transformation” (the “Paper”). The Paper explores the advantages and disadvantages of the Fed issuing a central bank digital currency (CBDC or digital […]

On Monday, January 24, the Central bank of Russia was forced to halt purchases of foreign currency in an attempt to stop a tremendous plunge in the stock market and the value of the ruble.

Central bank digital currencies are the “inevitable evolution of today’s electronic currencies,” said the bank in a newly published report.

From Bolivia to China, governments sought to restrict crypto-related activity for various reasons and with different tools.

After being in the pipeline for quite some time, the U.S Federal Reserve’s white paper on the development of central bank digital currency (CBDC) was finally released on Thursday. The Fed has stated in the paper that while the currency could allow citizens to gain access to easier and more speedy transactions, it could also […]

Powell maintains that a CBDC should not be the end of private stablecoins, but private stablecoins will need to do better.

The post Fed chair Powell doubles down on continued survival of private stablecoins — as long as they are better regulated appeared first on The Block.

The Central Bank of Russia has started to examine the operations of Russian banks with cryptocurrency exchangers, according to local media. Transactions between individuals through these platforms are of particular interest as the regulator believes these carry risks of financial losses and fraud. Central Bank Asks Russian Banks for Details on Crypto-Related Transactions In late […]

The US Federal Reserve said that the introduction of an official digital version of the US dollar could benefit Americans but it may also potentially affect financial stability and privacy. (Read More)

Prominent Ethereum development firm Consensys has launched a new scaling solution with support from the engineering team from payments giant Mastercard. The new project, called “Consensys Rollups”, aims to provide enterprise-grade scalability to financial organizations and address the “key challenge of scalable applications on the Quorum tech-stack.” According to Consensys, the firm engaged Mastercard to […]

The post Consensys Collaborates with Mastercard On New Privacy-Focused Rollups appeared first on Coin Bureau.