New York Federal Reserve

CDCROP: Federal Reserve Bank (Shutterstock)
Big Banks, NY Fed Start to Test Digital Tokens for 'Wholesale' Transactions
Citigroup, HSBC, BNY Mellon, Wells Fargo and Mastercard, are among the financial giants taking part.
CDCROP: Federal Reserve Bank (Shutterstock)

CDCROP: Climate Activists Call On Federal Reserve And Citigroup To Divest From Fossil Fuels (Michael M. Santiago/Getty Images)
CBDCs Could Reduce FX Transaction Speeds to 10 Seconds, NY Fed Says
The New York Fed simulated foreign exchange transactions using a distributed ledger to test for improvements over the current system.
CDCROP: Climate Activists Call On Federal Reserve And Citigroup To Divest From Fossil Fuels (Michael M. Santiago/Getty Images)

CoinDesk - Unknown
DeFi Protocol Euler Hires Fmr NY Fed Staffer as COO
Permissionless crypto lending protocol Euler Finance announces its new COO – a New York Federal Reserve veteran Brandon Neal. “The Hash” co-host Zack Seward says this move highlights the growing momentum of institutional DeFi, and that “sometimes, boring is good.” The team unpacks what this hiring means for the industry at large.
CoinDesk - Unknown

CoinDesk - Unknown
Bitcoin as Inflation Hedge? Former New York Fed Reserve Director on Inflation, FOMC Minutes and Digital Dollar
“First Mover” talks to Cornerstone Macro’s partner and former New York Federal Reserve Director Benson Durham about the inflation debate, the Fed’s monetary policy and bitcoin as an inflation hedge ahead of the release of the latest Fed meeting minutes.
CoinDesk - Unknown

image0
Where the NY Fed 'Bitcoin Is Not New' Blog Goes Wrong
A recent post categorizing Bitcoin as just another fiat currency uses some strange definitions of money, our columnist writes.
image0

new-york-fed
New York Fed's 'Bitcoin Is Just Another Fiat' Claim Sparks Controversy
Economists at the New York Federal Reserve think bitcoin is a fiat currency. Nic Carter thinks the New York Fed is "insane."
new-york-fed