United States of America: New York Federal Reserve Bank pilot project on central bank digital money
Progress
Current status
under deliberation
15 Nov 2022 under deliberation
Scope
Implementers
United States of America
Policy Area
Authorisation, registration and licensing
Policy Instrument
Authorisation of goods or services
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
central bank
Implementation Level
subnational
Timeline of events
Announced pilot project exploring feasibility of interoperable networks for central bank digital money
On 15 November 2022, the New York Federal Reserve Bank (FRB) announced that its New York Innovation Centre (NYIC) will participate in a 12-week proof-of-concept pilot project to determine the feasibility of the establishment of an interoperable netw…
Event type
order
Action type
announcement
Government branch
executive
Government body
central bank