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Policy

NY Fed, Singapore Regulator Verify CBDC Interoperability, Payment Speeds in Latest Test

The report is part of the Fed and MAS's ongoing joint Project Cedar/Project Ubin research.

By Nikhilesh DeMay 19, 2023

The U.S. Federal Reserve is taking a more cautious approach towards CBDCs than in many other countries, including China.

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Latest Crypto News

Today

7:24 AM

Positive

BTC0.00%

Justin Sun says 'keep going' on Tron Inc's TRX buys as the token outperforms bitcoin

TRX has outperformed much of the crypto market this year, slipping only about 1.3% versus bitcoin's nearly 19% decline.

6:06 AM

Neutral

BTC0.00%

Bhutan moves bitcoin to trading firms and exchanges as BTC drops to nearly $70,000

Wallet data shows the Royal Government of Bhutan moving bitcoin to trading firms and exchanges for the first time in months, as markets slide and volatility spikes across crypto and metals.

5:49 AM

Negative

Bitcoin crashes below $70,000 on Bitstamp

During Asian trading hours, BTC hit a low of $69,101 on Bitstamp.

5:05 AM

Negative

House probe targets WLFI after report of $500 Million UAE stake

Congressional investigators seek ownership records, payment trails and stablecoin documents from the Trump-linked crypto firm following reports of Emirati backing and its USD1 token’s role in a $2 Billion Binance transaction

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