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Fed officials express skepticism about a U.S. central bank digital currency

Fed officials express skepticism about a U.S. central bank digital currency

© Reuters. FILE PHOTO: Randal K. Quarles, vice chairman of the Federal Reserve Board of Governors, testifies before a Senate Banking, Housing and Urban Affairs Committee hearing on “Oversight of Financial Regulators” on Capitol Hill in Washington, U.S., December 5, By Jonnelle Marte (Reuters) -Two Federal Reserve officials on Monday expressed strong skepticism about the…

Asian banks’ trials with ‘tokenised securities’ stuck in silos

Asian banks’ trials with ‘tokenised securities’ stuck in silos

© Reuters. The financial district is seen shrouded by haze in Singapore September 18, 2019. REUTERS/Feline Lim/Files By Alun John HONG KONG (Reuters) – Asian financial regulators should do more to support large-scale trials of “tokenised securities”, an industry body said on Thursday, since banks and technology firms’ current experiments are stuck in different silos,…