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The bank is increasing its research into digital currencies in partnership with MIT
First large United States bank trading crypto by trading a non-deliverable option with merchant bank Galaxy Digital
As banks begin transitioning to digital currency to meet consumer demand, regulations and compliance must evolve
As we move into a “new normal” of business processes, there is little relief when it comes to easing both real and anticipated regulatory change
Brings total membership to seven at the blockchain-based payment rail advocate
Member base increases as consumers turn to digital, low-rate environments
Several groups have voiced concerns over the potential risks of crypto-assets as buzz around them grows
As we move into 2022, cryptocurrency and digital wallets will become even more attractive targets for the bad guys
White paper will focus on CBDC technical capabilities, rather than policy recommendations
Central bank digital currency could “fundamentally change the structure of the US financial system”
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