federal reserve

Federal Reserve System is the central banking system of the United States of America. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics led to the desire for central control of the monetary system in order to alleviate financial crises.

Source: federalreserve.gov

Fed Vice Chair Brainard: Crypto Sector Needs Strong, Swift Regulation

Fed Vice Chair Brainard: Crypto Sector Needs Strong, Swift Regulation
Fed Vice Chair Brainard: Crypto Sector Needs Strong, Swift Regulation
July 08, 2022  |  Legal & Regulation

Federal Reserve Vice Chair Lael Brainard said it’s time to add some regulatory teeth to the cryptocurrency industry before it becomes so pervasive that it...

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Why EU Regulators, Policymakers Are Betting on a Retail CBDC
Why EU Regulators, Policymakers Are Betting on a Retail CBDC
July 04, 2022  |  CBDC

Most of the central banks in western countries have formally adopted a neutral position when it comes to the decision of whether to issue a...

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Auto Lenders Brace for Higher Interest Rates, Recession
Auto Lenders Brace for Higher Interest Rates, Recession
June 30, 2022  |  Economy

As the Federal Reserve boosts interest rates to beat inflation, all sorts of debt becomes more expensive. Much of the everyday focus may be on...

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Today in TechREG: EU Lawmakers Look to Pass Online Platform Bills Next Week; Wells Fargo, Zelle Dodged Fraud Lawsuit
Today in TechREG: EU Lawmakers Look to Pass Online Platform Bills Next Week; Wells Fargo,...
June 29, 2022  |  Legal & Regulation

Today in TechREG, allegations of fraud and scams against Walmart, Wells Fargo and Zelle followed very different paths. Whereas the lawsuit against the banking giant...

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Fed Prioritizes FedNow, Delays Fedwire Funds Service Changes
Fed Prioritizes FedNow, Delays Fedwire Funds Service Changes
June 29, 2022  |  Payment Methods

The Federal Reserve Board announced on Monday (June 27), the final timeline and other implementation details for the adoption of a new Fedwire Funds Service...

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Today in TechREG: EBA Recommends Standard API for Open Banking
Today in TechREG: EBA Recommends Standard API for Open Banking
June 28, 2022  |  Technology

Today in TechREG, the European Banking Authority (EBA) recommended the adoption of a standard API across Europe to boost the adoption of open banking. Get...

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Today in FinTech: Patent Pending; Crypto Counsel; US CBDC Perks; Crypto Lending Stakes
Today in FinTech: Patent Pending; Crypto Counsel; US CBDC Perks; Crypto Lending Stakes
June 17, 2022  |  Technology

In today’s FinTech news, a British firm filed a patent to protect its digital wallet technology, and a community bank steals a compliance chief from...

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Fed Chair: CBDC Could Preserve Dollar’s Standing
Fed Chair: CBDC Could Preserve Dollar’s Standing
June 17, 2022  |  CBDC

A central bank digital currency (CBDC) would help boost the long-term strength of the U.S. dollar, the chair of the Federal Reserve said Friday (June...

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