NY Fed

NY Fed, Top Banks Test ‘Watershed’ Digital Dollar Project

NY Fed, Top Banks Test ‘Watershed’ Digital Dollar Project
NY Fed, Top Banks Test ‘Watershed’ Digital Dollar Project
December 07, 2022  |  CBDC

A group of large banks is preparing to test a shared digital asset settlement platform. Get the Full Story Complete the form to unlock this...

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New York Fed Says Stablecoins Pose Threat to Financial System
New York Fed Says Stablecoins Pose Threat to Financial System
October 03, 2022  |  Cryptocurrency

The volatility of digital assets has been largely confined to the digital ecosystem and has had little effect on the traditional financial system. Get the...

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Wells Fargo Settles With Ecuadorian Bank Over 2015 Cyber Heist Case
Wells Fargo Settles With Ecuadorian Bank Over 2015 Cyber Heist Case
April 17, 2018  |  Legal

Ecuador’s Banco del Austro and Wells Fargo have reached an out-of-court settlement over a 2015 cyber heist, and that suit could have an impact on...

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Bangladesh Central Bank Won’t Sue The NY Fed, SWIFT Over $81 Million Hack
Bangladesh Central Bank Won’t Sue The NY Fed, SWIFT Over $81 Million Hack
August 17, 2016  |  Security & Fraud

It looks like after all the Sturm und Drang, Bangladesh’s central bank will not take action against the Federal Reserve Bank of New York and SWIFT...

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