See Related: <\/em><\/strong>Australia To Launch Their First Bitcoin ETF<\/a><\/p>\n","post_title":"Galaxy Digital Teams Up With Top Brazilian Asset Manager For Crypto ETFs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"galaxy-digital-teams-up-with-top-brazilian-asset-manager-for-crypto-etfs","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/australia-to-launch-their-first-bitcoin-etf\/","post_modified":"2023-04-10 18:40:39","post_modified_gmt":"2023-04-10 08:40:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8250","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
See Related: <\/em><\/strong>Australia To Launch Their First Bitcoin ETF<\/a><\/p>\n","post_title":"Galaxy Digital Teams Up With Top Brazilian Asset Manager For Crypto ETFs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"galaxy-digital-teams-up-with-top-brazilian-asset-manager-for-crypto-etfs","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/australia-to-launch-their-first-bitcoin-etf\/","post_modified":"2023-04-10 18:40:39","post_modified_gmt":"2023-04-10 08:40:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8250","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
See Related: <\/em><\/strong>Australia To Launch Their First Bitcoin ETF<\/a><\/p>\n","post_title":"Galaxy Digital Teams Up With Top Brazilian Asset Manager For Crypto ETFs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"galaxy-digital-teams-up-with-top-brazilian-asset-manager-for-crypto-etfs","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/australia-to-launch-their-first-bitcoin-etf\/","post_modified":"2023-04-10 18:40:39","post_modified_gmt":"2023-04-10 08:40:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8250","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
See Related: <\/em><\/strong>Australia To Launch Their First Bitcoin ETF<\/a><\/p>\n","post_title":"Galaxy Digital Teams Up With Top Brazilian Asset Manager For Crypto ETFs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"galaxy-digital-teams-up-with-top-brazilian-asset-manager-for-crypto-etfs","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/australia-to-launch-their-first-bitcoin-etf\/","post_modified":"2023-04-10 18:40:39","post_modified_gmt":"2023-04-10 08:40:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8250","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
See Related: <\/em><\/strong>Australia To Launch Their First Bitcoin ETF<\/a><\/p>\n","post_title":"Galaxy Digital Teams Up With Top Brazilian Asset Manager For Crypto ETFs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"galaxy-digital-teams-up-with-top-brazilian-asset-manager-for-crypto-etfs","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/australia-to-launch-their-first-bitcoin-etf\/","post_modified":"2023-04-10 18:40:39","post_modified_gmt":"2023-04-10 08:40:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8250","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
See Related: <\/em><\/strong>Australia To Launch Their First Bitcoin ETF<\/a><\/p>\n","post_title":"Galaxy Digital Teams Up With Top Brazilian Asset Manager For Crypto ETFs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"galaxy-digital-teams-up-with-top-brazilian-asset-manager-for-crypto-etfs","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/australia-to-launch-their-first-bitcoin-etf\/","post_modified":"2023-04-10 18:40:39","post_modified_gmt":"2023-04-10 08:40:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8250","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
See Related: <\/em><\/strong>Australia To Launch Their First Bitcoin ETF<\/a><\/p>\n","post_title":"Galaxy Digital Teams Up With Top Brazilian Asset Manager For Crypto ETFs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"galaxy-digital-teams-up-with-top-brazilian-asset-manager-for-crypto-etfs","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/australia-to-launch-their-first-bitcoin-etf\/","post_modified":"2023-04-10 18:40:39","post_modified_gmt":"2023-04-10 08:40:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8250","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Cryptocurrency financial firm Galaxy Digital has collaborated<\/a> with It\u00e1u Asset Management to launch a suite of physically backed digital asset exchange-traded funds in Brazil. The first ETF in the deal is IT Now Bloomberg Galaxy Bitcoin ETF (BITI11) \u2013 which trades on the Brazilian B3 Stock Exchange.<\/p>\n\n\n\n See Related: <\/em><\/strong>Australia To Launch Their First Bitcoin ETF<\/a><\/p>\n","post_title":"Galaxy Digital Teams Up With Top Brazilian Asset Manager For Crypto ETFs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"galaxy-digital-teams-up-with-top-brazilian-asset-manager-for-crypto-etfs","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/australia-to-launch-their-first-bitcoin-etf\/","post_modified":"2023-04-10 18:40:39","post_modified_gmt":"2023-04-10 08:40:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8250","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
See Related:<\/em><\/strong> Mexico Central Bank To Issue A CBDC By 2025<\/a><\/p>\n","post_title":"US Banks Partner With NY Fed For CBDC Blockchain Pilot","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-banks-partner-with-ny-fed-for-cbdc-blockchain-pilot","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/central-bank-digital-currencies-cbdcs\/","post_modified":"2023-04-10 18:38:51","post_modified_gmt":"2023-04-10 08:38:51","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8379","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8250,"post_author":"13","post_date":"2022-11-12 00:06:38","post_date_gmt":"2022-11-11 13:06:38","post_content":"\n Cryptocurrency financial firm Galaxy Digital has collaborated<\/a> with It\u00e1u Asset Management to launch a suite of physically backed digital asset exchange-traded funds in Brazil. The first ETF in the deal is IT Now Bloomberg Galaxy Bitcoin ETF (BITI11) \u2013 which trades on the Brazilian B3 Stock Exchange.<\/p>\n\n\n\n See Related: <\/em><\/strong>Australia To Launch Their First Bitcoin ETF<\/a><\/p>\n","post_title":"Galaxy Digital Teams Up With Top Brazilian Asset Manager For Crypto ETFs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"galaxy-digital-teams-up-with-top-brazilian-asset-manager-for-crypto-etfs","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/australia-to-launch-their-first-bitcoin-etf\/","post_modified":"2023-04-10 18:40:39","post_modified_gmt":"2023-04-10 08:40:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8250","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
In light of an executive order<\/a> signed by President Biden in September - ensuring responsible development of digital assets \u2013 the U.S. Congress is treading cautiously on the matter. The Members of the House Committee on Financial Services have asked the Fed to clarify their role in CBDC and the impact on the private sector.<\/p>\n\n\n\n See Related:<\/em><\/strong> Mexico Central Bank To Issue A CBDC By 2025<\/a><\/p>\n","post_title":"US Banks Partner With NY Fed For CBDC Blockchain Pilot","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-banks-partner-with-ny-fed-for-cbdc-blockchain-pilot","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/central-bank-digital-currencies-cbdcs\/","post_modified":"2023-04-10 18:38:51","post_modified_gmt":"2023-04-10 08:38:51","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8379","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8250,"post_author":"13","post_date":"2022-11-12 00:06:38","post_date_gmt":"2022-11-11 13:06:38","post_content":"\n Cryptocurrency financial firm Galaxy Digital has collaborated<\/a> with It\u00e1u Asset Management to launch a suite of physically backed digital asset exchange-traded funds in Brazil. The first ETF in the deal is IT Now Bloomberg Galaxy Bitcoin ETF (BITI11) \u2013 which trades on the Brazilian B3 Stock Exchange.<\/p>\n\n\n\n See Related: <\/em><\/strong>Australia To Launch Their First Bitcoin ETF<\/a><\/p>\n","post_title":"Galaxy Digital Teams Up With Top Brazilian Asset Manager For Crypto ETFs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"galaxy-digital-teams-up-with-top-brazilian-asset-manager-for-crypto-etfs","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/australia-to-launch-their-first-bitcoin-etf\/","post_modified":"2023-04-10 18:40:39","post_modified_gmt":"2023-04-10 08:40:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8250","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
The announcement comes as the state of the U.S. central bank digital currency remains in limbo. A statement<\/a> released by The White House on September 16 noted that the U.S. administration was yet to decide on CBDC. The report \u2013 which described the CBDC as a digital form of the dollar \u2013 added it was assessing its impact and the available options.<\/p>\n\n\n\n In light of an executive order<\/a> signed by President Biden in September - ensuring responsible development of digital assets \u2013 the U.S. Congress is treading cautiously on the matter. The Members of the House Committee on Financial Services have asked the Fed to clarify their role in CBDC and the impact on the private sector.<\/p>\n\n\n\n See Related:<\/em><\/strong> Mexico Central Bank To Issue A CBDC By 2025<\/a><\/p>\n","post_title":"US Banks Partner With NY Fed For CBDC Blockchain Pilot","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-banks-partner-with-ny-fed-for-cbdc-blockchain-pilot","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/central-bank-digital-currencies-cbdcs\/","post_modified":"2023-04-10 18:38:51","post_modified_gmt":"2023-04-10 08:38:51","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8379","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8250,"post_author":"13","post_date":"2022-11-12 00:06:38","post_date_gmt":"2022-11-11 13:06:38","post_content":"\n Cryptocurrency financial firm Galaxy Digital has collaborated<\/a> with It\u00e1u Asset Management to launch a suite of physically backed digital asset exchange-traded funds in Brazil. The first ETF in the deal is IT Now Bloomberg Galaxy Bitcoin ETF (BITI11) \u2013 which trades on the Brazilian B3 Stock Exchange.<\/p>\n\n\n\n See Related: <\/em><\/strong>Australia To Launch Their First Bitcoin ETF<\/a><\/p>\n","post_title":"Galaxy Digital Teams Up With Top Brazilian Asset Manager For Crypto ETFs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"galaxy-digital-teams-up-with-top-brazilian-asset-manager-for-crypto-etfs","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/australia-to-launch-their-first-bitcoin-etf\/","post_modified":"2023-04-10 18:40:39","post_modified_gmt":"2023-04-10 08:40:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8250","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
The announcement comes as the state of the U.S. central bank digital currency remains in limbo. A statement<\/a> released by The White House on September 16 noted that the U.S. administration was yet to decide on CBDC. The report \u2013 which described the CBDC as a digital form of the dollar \u2013 added it was assessing its impact and the available options.<\/p>\n\n\n\n In light of an executive order<\/a> signed by President Biden in September - ensuring responsible development of digital assets \u2013 the U.S. Congress is treading cautiously on the matter. The Members of the House Committee on Financial Services have asked the Fed to clarify their role in CBDC and the impact on the private sector.<\/p>\n\n\n\n See Related:<\/em><\/strong> Mexico Central Bank To Issue A CBDC By 2025<\/a><\/p>\n","post_title":"US Banks Partner With NY Fed For CBDC Blockchain Pilot","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-banks-partner-with-ny-fed-for-cbdc-blockchain-pilot","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/central-bank-digital-currencies-cbdcs\/","post_modified":"2023-04-10 18:38:51","post_modified_gmt":"2023-04-10 08:38:51","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8379","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8250,"post_author":"13","post_date":"2022-11-12 00:06:38","post_date_gmt":"2022-11-11 13:06:38","post_content":"\n Cryptocurrency financial firm Galaxy Digital has collaborated<\/a> with It\u00e1u Asset Management to launch a suite of physically backed digital asset exchange-traded funds in Brazil. The first ETF in the deal is IT Now Bloomberg Galaxy Bitcoin ETF (BITI11) \u2013 which trades on the Brazilian B3 Stock Exchange.<\/p>\n\n\n\n See Related: <\/em><\/strong>Australia To Launch Their First Bitcoin ETF<\/a><\/p>\n","post_title":"Galaxy Digital Teams Up With Top Brazilian Asset Manager For Crypto ETFs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"galaxy-digital-teams-up-with-top-brazilian-asset-manager-for-crypto-etfs","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/australia-to-launch-their-first-bitcoin-etf\/","post_modified":"2023-04-10 18:40:39","post_modified_gmt":"2023-04-10 08:40:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8250","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
See Related:<\/em><\/strong> Iran Set To Launch Its CBDC, Crypto Rial<\/a><\/p>\n\n\n\n The announcement comes as the state of the U.S. central bank digital currency remains in limbo. A statement<\/a> released by The White House on September 16 noted that the U.S. administration was yet to decide on CBDC. The report \u2013 which described the CBDC as a digital form of the dollar \u2013 added it was assessing its impact and the available options.<\/p>\n\n\n\n In light of an executive order<\/a> signed by President Biden in September - ensuring responsible development of digital assets \u2013 the U.S. Congress is treading cautiously on the matter. The Members of the House Committee on Financial Services have asked the Fed to clarify their role in CBDC and the impact on the private sector.<\/p>\n\n\n\n See Related:<\/em><\/strong> Mexico Central Bank To Issue A CBDC By 2025<\/a><\/p>\n","post_title":"US Banks Partner With NY Fed For CBDC Blockchain Pilot","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-banks-partner-with-ny-fed-for-cbdc-blockchain-pilot","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/central-bank-digital-currencies-cbdcs\/","post_modified":"2023-04-10 18:38:51","post_modified_gmt":"2023-04-10 08:38:51","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8379","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8250,"post_author":"13","post_date":"2022-11-12 00:06:38","post_date_gmt":"2022-11-11 13:06:38","post_content":"\n Cryptocurrency financial firm Galaxy Digital has collaborated<\/a> with It\u00e1u Asset Management to launch a suite of physically backed digital asset exchange-traded funds in Brazil. The first ETF in the deal is IT Now Bloomberg Galaxy Bitcoin ETF (BITI11) \u2013 which trades on the Brazilian B3 Stock Exchange.<\/p>\n\n\n\n See Related: <\/em><\/strong>Australia To Launch Their First Bitcoin ETF<\/a><\/p>\n","post_title":"Galaxy Digital Teams Up With Top Brazilian Asset Manager For Crypto ETFs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"galaxy-digital-teams-up-with-top-brazilian-asset-manager-for-crypto-etfs","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/australia-to-launch-their-first-bitcoin-etf\/","post_modified":"2023-04-10 18:40:39","post_modified_gmt":"2023-04-10 08:40:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8250","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
In addition, the group announced that SETL \u2013 a firm dealing in blockchain settlements and payments services - will provide the relevant technology, while Sullivan & Cromwell LLP and Deloitte are the legal advisors.<\/p>\n\n\n\n See Related:<\/em><\/strong> Iran Set To Launch Its CBDC, Crypto Rial<\/a><\/p>\n\n\n\n The announcement comes as the state of the U.S. central bank digital currency remains in limbo. A statement<\/a> released by The White House on September 16 noted that the U.S. administration was yet to decide on CBDC. The report \u2013 which described the CBDC as a digital form of the dollar \u2013 added it was assessing its impact and the available options.<\/p>\n\n\n\n In light of an executive order<\/a> signed by President Biden in September - ensuring responsible development of digital assets \u2013 the U.S. Congress is treading cautiously on the matter. The Members of the House Committee on Financial Services have asked the Fed to clarify their role in CBDC and the impact on the private sector.<\/p>\n\n\n\n See Related:<\/em><\/strong> Mexico Central Bank To Issue A CBDC By 2025<\/a><\/p>\n","post_title":"US Banks Partner With NY Fed For CBDC Blockchain Pilot","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-banks-partner-with-ny-fed-for-cbdc-blockchain-pilot","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/central-bank-digital-currencies-cbdcs\/","post_modified":"2023-04-10 18:38:51","post_modified_gmt":"2023-04-10 08:38:51","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8379","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8250,"post_author":"13","post_date":"2022-11-12 00:06:38","post_date_gmt":"2022-11-11 13:06:38","post_content":"\n Cryptocurrency financial firm Galaxy Digital has collaborated<\/a> with It\u00e1u Asset Management to launch a suite of physically backed digital asset exchange-traded funds in Brazil. The first ETF in the deal is IT Now Bloomberg Galaxy Bitcoin ETF (BITI11) \u2013 which trades on the Brazilian B3 Stock Exchange.<\/p>\n\n\n\n See Related: <\/em><\/strong>Australia To Launch Their First Bitcoin ETF<\/a><\/p>\n","post_title":"Galaxy Digital Teams Up With Top Brazilian Asset Manager For Crypto ETFs","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"galaxy-digital-teams-up-with-top-brazilian-asset-manager-for-crypto-etfs","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/australia-to-launch-their-first-bitcoin-etf\/","post_modified":"2023-04-10 18:40:39","post_modified_gmt":"2023-04-10 08:40:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8250","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
\u2018\u2019Members of the U.S. banking and payments community involved in this PoC are pleased to be working alongside the New York Innovation Center (NYIC) that is part of the Federal Reserve Bank of New York,\u2019\u2019<\/em> the consortium said in the Nov.15 announcement.<\/p>\n\n\n\n In addition, the group announced that SETL \u2013 a firm dealing in blockchain settlements and payments services - will provide the relevant technology, while Sullivan & Cromwell LLP and Deloitte are the legal advisors.<\/p>\n\n\n\n See Related:<\/em><\/strong> Iran Set To Launch Its CBDC, Crypto Rial<\/a><\/p>\n\n\n\n The announcement comes as the state of the U.S. central bank digital currency remains in limbo. A statement<\/a> released by The White House on September 16 noted that the U.S. administration was yet to decide on CBDC. The report \u2013 which described the CBDC as a digital form of the dollar \u2013 added it was assessing its impact and the available options.<\/p>\n\n\n\n In light of an executive order<\/a> signed by President Biden in September - ensuring responsible development of digital assets \u2013 the U.S. Congress is treading cautiously on the matter. The Members of the House Committee on Financial Services have asked the Fed to clarify their role in CBDC and the impact on the private sector.<\/p>\n\n\n\n See Related:<\/em><\/strong> Mexico Central Bank To Issue A CBDC By 2025<\/a><\/p>\n","post_title":"US Banks Partner With NY Fed For CBDC Blockchain Pilot","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-banks-partner-with-ny-fed-for-cbdc-blockchain-pilot","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/central-bank-digital-currencies-cbdcs\/","post_modified":"2023-04-10 18:38:51","post_modified_gmt":"2023-04-10 08:38:51","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8379","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8250,"post_author":"13","post_date":"2022-11-12 00:06:38","post_date_gmt":"2022-11-11 13:06:38","post_content":"\n
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U.S. Undecided On CBDC As Legislators Question Impact On The Private Sector<\/h2>\n\n\n\n
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U.S. Undecided On CBDC As Legislators Question Impact On The Private Sector<\/h2>\n\n\n\n
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U.S. Undecided On CBDC As Legislators Question Impact On The Private Sector<\/h2>\n\n\n\n
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U.S. Undecided On CBDC As Legislators Question Impact On The Private Sector<\/h2>\n\n\n\n
