Bitcoin Is ‘Store of Value’ Though Not Yet ‘Medium of Exchange,’ Dallas Fed’s Kaplan Says
The U.S. economy is "not out of the woods yet," said Dallas Fed President Robert Kaplan.
We shouldn't ignore the risks that stablecoins potentially pose to the financial system, says our columnist.
The launch of the Nordic hub marks the fifth BIS Innovation Hub Centre to be opened in the past two years.
Rakiya Mohammed, the bank's information technology director, revealed the date during a private webinar on Thursday.
The Colonial Pipeline saga illustrates what may be a vulnerability with digital currency issued by central banks.
If the U.S. government doesn’t lead financial innovation, China will leapfrog it and control the world’s emerging monetary infrastructure.
With a runway of a year or more before the Federal Reserve and other major central banks can launch digital currencies, bitcoin and other private cryptocurrencies could gain a foothold in electronic commerce.