Tag: Reserve

0 20
Posted in Crypto Update

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…

0 21
Posted in Crypto Update

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…

0 25
Posted in Crypto Update

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…

0 21
Posted in Crypto Update

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…

0 28
Posted in Crypto Update

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…

0 36
Posted in Crypto Update

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…

0 38
Posted in Crypto Update

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…

0 30
Posted in Crypto Update

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,…

0 45
Posted in Crypto Update

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…

0 23
Posted in Crypto Update

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…