Why ABA Invested in NYDIG: Supporting Banks as They Help Customers Access Cryptocurrency
As more customers engage with cryptocurrency, they are increasingly looking to banks to help them safely hold these assets. Banks ...
Tag: Virtual currency
Powell: Fed Will ‘Make Progress’ on Master Accounts for Nonbanks
Federal Reserve Chairman Jerome Powell told members of the Senate Banking Committee today that there are “good arguments” for granting ...
Reuter Discusses Threat of Central Bank Digital Currencies
A U.S. central bank digital currency, or CBDC, would be a “threat to core funding to the banking industry,” Jim ...
Kansas City Fed’s George Says FedNow to Be Ready in 2023
Esther George, president and CEO of the Federal Reserve Bank of Kansas City today announced that the FedNow payment system ...
Central Banks Highlight Conditions Required for CBDC Success
Central bank digital currencies will meet the goals envisioned by their proponents only if they include private-sector participation, interoperability with ...
Cryptocurrencies and Exchanges Will Face Increased Regulatory Focus
Whatever the specifics, we can be certain that every business that deals with virtual currencies will be affected as well.
How a Community Bank Launched a Retail Crypto Platform
Banks of all sizes are hearing from many customers that they want exposure to the fast-growing but volatile cryptocurrency market. ...
Podcast: The Fintech Policy Lightning Round
On the latest episode of the ABA Banking Journal Podcast, Rob Morgan and Matthew Daigler join to provide quick-fire updates ...
ABA to Lawmakers: CBDCs Could ‘Reshape’ Banking System
As central banks around the globe explore whether to issue central bank digital currencies, there is a growing recognition that ...
Brainard: Federal Reserve Sharpening Focus on Central Bank Digital Currency Research
In remarks at a virtual industry event today, Federal Reserve Governor Lael Brainard said the Federal Reserve is sharpening its ...
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