NY Fed

NY Fed, Top Banks Test ‘Watershed’ Digital Dollar Project
NY Fed, Top Banks Test ‘Watershed’ Digital Dollar Project
December 07, 2022  |  CBDC

A group of large banks is preparing to test a shared digital asset settlement platform. According to the announcement, the study is set to take...

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New York Fed Says Stablecoins Pose Threat to Financial System
New York Fed Says Stablecoins Pose Threat to Financial System
October 03, 2022  |  Cryptocurrency

The volatility of digital assets has been largely confined to the digital ecosystem and has had little effect on the traditional financial system. But that...

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Wells Fargo Settles With Ecuadorian Bank Over 2015 Cyber Heist Case
Wells Fargo Settles With Ecuadorian Bank Over 2015 Cyber Heist Case
April 17, 2018  |  Legal

Ecuador’s Banco del Austro and Wells Fargo have reached an out-of-court settlement over a 2015 cyber heist, and that suit could have an impact on...

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Bangladesh Central Bank Won’t Sue The NY Fed, SWIFT Over $81 Million Hack
Bangladesh Central Bank Won’t Sue The NY Fed, SWIFT Over $81 Million Hack
August 17, 2016  |  Security & Fraud

It looks like after all the Sturm und Drang, Bangladesh’s central bank will not take action against the Federal Reserve Bank of New York and SWIFT...

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