Boston Fed makes digital dollar code progress
Federal Reserve Bank of Boston and MIT researchers investigating the technicalities of a CBDC have designed a system capable of handling 1.7 million transactions a second, without using distributed ledger technology.
Crypto: Fed releases white paper on a central bank digital currency
#Crypto #Fed #Bitcoin
Yahoo Finance’s Jennifer Schonberger details the Fed’s long-awaited white paper on a central bank digital currency.
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Crypto: Fed Chair Powell comments on central bank digital currencies
#Crypto #FedChairJeromePowell #Centralbankdigitalcurrencies
Yahoo Finance’s Jennifer Schonberger reports on Fed Chair Powell’s comments on central bank digital currencies.
Don’t Miss: Valley of Hype: The Culture That Built Elizabeth Holmes
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Watch the 2021 Berkshire Hathaway Annual Shareholders Meeting on YouTube:
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About Yahoo Finance:
At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.
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The New York Fed is going to test out digital dollars! #shorts
Boston Fed’s CBDC project
In August 2020, the Federal Reserve Bank of Boston, in collaboration with the Massachusetts Institute of Technology, announced that it would research and test leading technologies to determine design requirements for a US-based central bank digital currency. Jim Cunha, senior vice-president, secure payments and fintech, at the Federal Reserve Bank of Boston, discusses this initiative as well as the wider impact of distributed ledger technology on the financial system.
Speaker:
Jim Cunha, Senior Vice-President, Secure Payments and Fintech, Federal Reserve Bank of Boston