Tag: Reserve
Basel Committee suggests introducing maturity limits for stablecoin reserve assets
The Basel Committee on Banking Supervision of the Bank for International Settlements (BIS) proposed several measures on…
Federal Reserve 2024 rate cut could prove perfect catalyst for BTC halving
Goldman Sachs, the second largest investment bank in the world, has predicted that the United States Federal…
Tether to publish reserve reports in real time in 2024: Bloomberg
Tether Holdings, the issuer of the world’s largest stablecoin by market capitalization, Tether (USDT), is reportedly preparing…
US Federal Reserve Banks say stablecoins could ‘become a source of financial instability’
The Federal Reserve Banks of Boston and New York published a staff report on Sep. 26 comparing…
US Senate confirms Philip Jefferson as Federal Reserve vice chair
Federal Reserve governor Philip Jefferson has won confirmation from a majority of members of the United States…
Federal Reserve issues enforcement action against FTX-linked US bank
The Federal Reserve Board of the United States and the Washington State Department of Financial Institutions have…
Stablecoins could be key to upholding US dollar’s global reserve status: Report
Stablecoins are at the heart of a dollar-based revolution and could be a pivotal factor in keeping…
Federal Reserve of San Francisco hiring crypto architect for CBDC project
San Francisco’s Federal Reserve Bank is seeking a crypto architect for a central bank digital currency (CBDC) project,…
Deutsche Bank Fined $186million by Federal Reserve for Third Insufficient AML Control Offence
Deutsche Bank, the German multinational investment bank, is the latest big-name financial organisation to face a fine…
FedNow Service has no relation with CBDCs, Federal Reserve clarifies
The Federal Reserve of the United States clarified that its new service for instant payments between organizations…