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New York Federal Reserve

(David Merrett/Flickr)
Policy
Regulations
Big Banks, NY Fed’s Innovation Group See Merit in Digital Ledgers for Global Payments
NY Fed’s innovation center worked with Citi, HSBC and other banks on the concept of a network for wholesale payments on a shared ledger, finding the idea has potential benefit...
(David Merrett/Flickr)
By Jesse Hamilton
Jul 6, 2023 at 4:11 p.m. UTC
Jul 6, 2023
RegulationsCBDCsDepositsCitigroupHSBCBNY MellonNew York Federal Reserve
The Federal Reserve Bank of New York is leading a program to test the use of digital tokens to settle transactions among financial institutions. (Shutterstock)
Finance
Digital dollar
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.
The Federal Reserve Bank of New York is leading a program to test the use of digital tokens to settle transactions among financial institutions. (Shutterstock)
By Jamie Crawley
Nov 15, 2022 at 4:09 p.m. UTC
Nov 15, 2022
Digital DollarbanksNew York Federal ReserveCBDCCBDCs
Federal Reserve Bank of New York (Michael M. Santiago/Getty Images)
Policy
Regulations
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.
Federal Reserve Bank of New York (Michael M. Santiago/Getty Images)
By Nikhilesh DeJesse Hamilton
Nov 4, 2022 at 2:00 p.m. UTC
Nov 4, 2022
RegulationsNew York Federal ReserveCBDCsFederal ReserveForeign Exchange
DeFi Protocol Euler Hires Fmr NY Fed Staffer as COO
Video
Federal reserve
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 hig...
DeFi Protocol Euler Hires Fmr NY Fed Staffer as COO
By CoinDesk Staff
Mar 16, 2022 at 7:05 p.m. UTC
Mar 16, 2022
Federal ReserveDeFicdtvHash clipNew York Federal ReserveFedEuler FinanceBrandon Neal
"Bitcoin as Inflation Hedge? Former New York Fed Reserve Director on Inflation, FOMC Minutes and Digital Dollar "
Video
Bitcoin
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...
"Bitcoin as Inflation Hedge? Former New York Fed Reserve Director on Inflation, FOMC Minutes and Digital Dollar "
By CoinDesk Staff
May 19, 2021 at 3:04 p.m. UTC
May 19, 2021
BitcoinFederal ReservecdtvFM ClipInflationMonetary PolicyCornerstone MacroNew York Federal ReserveBenson Durham
image0
Policy
Opinion
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
By Nic Carter
Jun 24, 2020 at 1:01 p.m. UTC
Jun 24, 2020
OpinionNew York Federal Reserve
“I don't know if their intent is to denigrate bitcoin but it comes off that way,” said Nic Carter of a NY Fed report. (Northfoto/Shutterstock)
Markets
Bitcoin
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."
“I don't know if their intent is to denigrate bitcoin but it comes off that way,” said Nic Carter of a NY Fed report. (Northfoto/Shutterstock)
By Danny Nelson
Jun 19, 2020 at 7:55 p.m. UTC
Jun 19, 2020
BitcoinFiat CurrencyNic CarterNew York Federal Reserve