Philadelphia Federal Reserve


Policy

Fed Paper: Central Bank Digital Currencies Could Replace Commercial Banks – But at a Cost

The research explores how "central banking for all" via digital currency could affect commercial banks.

Federal Reserve of Philadelphia (Credit: Shutterstock/Bumble Dee)

Markets

Philly Fed President Praises Blockchain's Authentication Abilities

The Federal Reserve Bank of Philadelphia became the latest arm of the US central bank to discuss the impact of blockchain this week.

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