The Fed’s digital dollar could bring millions into the digital economy
More than half of transactions in the US involved cash in 2010. The number had dropped to 28% in 2020, even before Covid, which led...
News by FinTech Collective
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Fed’s Lael Brainard pushes digital dollar as central bank currency race heats up
Federal Reserve Governor Lael Brainard said a cryptocurrency backed by the central bank could provide a variety of benefits. Getting...
The Fed’s system that allows banks to send money back and forth went down for several hours
The “operational error,” as the Fed described it, impacted multiple services, including its pivotal automated clearinghouse system, which...
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