The U.S. Federal Reserve denies that its new instant payments service, FedNow, is in any way tied to the digital asset space. But experts say the new system could lay the groundwork for the infrastructure needed for a potential central bank digital currency (CBDC) in the U.S. And so this week’s announcement has led to a fresh airing of warnings about potential privacy and control risks around a digital dollar.
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AUSTRAC Fines Crypto Change Cointree for Reporting Failures
The Australian Transaction Studies and Evaluation Centre has issued infringement notices totaling $75,120 to cryptocurrency change Cointree for failing to...
