New York Federal Reserve

(David Merrett/Flickr)
Big Banks, NY Fed’s Innovation Group See Merit in Digital Ledgers for Global Payments
NY Fed’s innovation center worked with Citi, HSBC and other banks on the concept of a network for wholesale payments on a shared ledger, finding the idea has potential benefit...
(David Merrett/Flickr)

The Federal Reserve Bank of New York is leading a program to test the use of digital tokens to settle transactions among financial institutions. (Shutterstock)
Big Banks, NY Fed Start to Test Digital Tokens for 'Wholesale' Transactions
Citigroup, HSBC, BNY Mellon, Wells Fargo and Mastercard, are among the financial giants taking part.
The Federal Reserve Bank of New York is leading a program to test the use of digital tokens to settle transactions among financial institutions. (Shutterstock)

NEW YORK, NEW YORK - OCTOBER 29:  People gather at the Federal Reserve building to call on financial institutions to divest from fossil fuels on the ninth anniversary of Superstorm Sandy on October 29, 2021 in New York City. Climate activists gathered near the Brooklyn Bridge and marched to demand that the Federal Reserve and Citigroup divest from the fossil fuel industry. (Photo by Michael M. Santiago/Getty Images)
CBDCs Could Reduce FX Transaction Speeds to 10 Seconds, NY Fed Says
The New York Fed simulated foreign exchange transactions using a distributed ledger to test for improvements over the current system.
NEW YORK, NEW YORK - OCTOBER 29:  People gather at the Federal Reserve building to call on financial institutions to divest from fossil fuels on the ninth anniversary of Superstorm Sandy on October 29, 2021 in New York City. Climate activists gathered near the Brooklyn Bridge and marched to demand that the Federal Reserve and Citigroup divest from the fossil fuel industry. (Photo by Michael M. Santiago/Getty Images)

DeFi Protocol Euler Hires Fmr NY Fed Staffer as COO
DeFi Protocol Euler Hires Fmr NY Fed Staffer as COO
Permissionless crypto lending protocol Euler Finance announces its new COO – a New York Federal Reserve veteran Brandon Neal. “The Hash” co-host Zack Seward says this move hig...
DeFi Protocol Euler Hires Fmr NY Fed Staffer as COO

"Bitcoin as Inflation Hedge? Former New York Fed Reserve Director on Inflation, FOMC Minutes and Digital Dollar "
Bitcoin as Inflation Hedge? Former New York Fed Reserve Director on Inflation, FOMC Minutes and Digital Dollar
“First Mover” talks to Cornerstone Macro’s partner and former New York Federal Reserve Director Benson Durham about the inflation debate, the Fed’s monetary policy and bitcoin...
"Bitcoin as Inflation Hedge? Former New York Fed Reserve Director on Inflation, FOMC Minutes and Digital Dollar "

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Where the NY Fed 'Bitcoin Is Not New' Blog Goes Wrong
A recent post categorizing Bitcoin as just another fiat currency uses some strange definitions of money, our columnist writes.
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New York Fed Bitcoin
New York Fed's 'Bitcoin Is Just Another Fiat' Claim Sparks Controversy
Economists at the New York Federal Reserve think bitcoin is a fiat currency. Nic Carter thinks the New York Fed is "insane."
New York Fed Bitcoin