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Category New York Federal Reserve

Bank Runs Hit 22 US Lenders in 2023 As Wave of Panic Sank Silicon Valley Bank: New York Federal Reserve

Bank Runs Hit 22 US Lenders in 2023 As Wave of Panic Sank Silicon Valley Bank: New York Federal Reserve

The collapse of Silicon Valley Bank (SVB) triggered a wave of bank runs at 22 US lenders last year, according to an under-the-radar report from the...
New York Federal Reserve Staff Paper on Tornado Cash Concludes Ethereum Is ‘Not Immune to Censorship and Cooperation’

New York Federal Reserve Staff Paper on Tornado Cash Concludes Ethereum Is ‘Not Immune to Censorship and Cooperation’

A staff report published by several New York Federal Reserve employees found that Ethereum “is not immune to censorship and cooperation,” which dep...
Ethereum Entities Largely Complied With Tornado Cash Sanctions, NY Fed Paper Says

Ethereum Entities Largely Complied With Tornado Cash Sanctions, NY Fed Paper Says

The Federal Reserve Bank of New York published a report Wednesday morning assessing the effect sanctions had on Tornado Cash.
New York Federal Reserve and US Banks Complete Programmable Dollar CBDC Test

New York Federal Reserve and US Banks Complete Programmable Dollar CBDC Test

The New York Federal Reserve and a group of financial institutions announced the successful conclusion of a proof-of-concept of the Regulated Liabi...
Centralized Blockchain Payments Gain Traction As NY Fed Reports Success

Centralized Blockchain Payments Gain Traction As NY Fed Reports Success

Centralized blockchain payments have emerged as a promising solution to tackle the challenges plaguing the settlement process, as affirmed by the N...