Officials seek more transparency for US treasury market
Officials from the Federal Reserve and the Treasury Department on Thursday called for increased transparency into data for the $26t...
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Federal Reserve launches program to oversee banks' crypto and stablecoin activities
The Federal Reserve has launched a new program to oversee banks’ cryptocurrency activities, focusing on partnerships.
State-owned...
Fed launches long-awaited instant payments service, modernizing system
The "FedNow" service will seek to eliminate the several-day lag it commonly takes cash transfers to settle, bringing the U.S. in line...
Federal Reserve announces that its new system for instant payments, the FedNow® Service, is now live
Banks and credit unions of all sizes can sign up and use this tool to instantly transfer money for their customers, any time of the day,...
The Fed is rewiring the U.S. payments system
The Federal Reserve has launched its own real-time payments system, called the FedNow Service (FedNow), as of July 20. Though FedNow is...
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