The Boston Fed Is Hiring a New Director for Its CBDC Project
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The project was initially slated to run two to three years. In September, Boston Fed senior vice president Jim Cunha said the project’s initial stages were “basically done,” but the search for a new…
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The Boston Fed and MIT wrapped up the first phase of their CBDC project, dubbed Hamilton Researchers looked at the risks and benefits of CBDC design while toying with aspects of cryptography,... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]…
The New York Federal Reserve Bank has published a report detailing its findings from Project Cedar, an inaugural project geared at developing a technical framework through which a wholesale central bank digital currency (wCBDC) could be created for use by the Federal Reserve Bank. During phase 1 of the project,…
The popular U.S. Attorney for the District of Columbia, Jeanine Ferris Pirro, has launched a criminal investigation against the Fed Chair, Jerome Powell. The probe intensifies the scrutiny in the case of the central bank’s leadership. As per a famous journalist, Nick Sortor, the probe attempts to investigate whether Powell…