Remove CBDC Remove Central Bank Remove NCUA
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FPC 2022 Fall Member Meeting

Faster Payments Council

Regulators encourage these efforts to educate and set a high bar, as evidenced in public commentary by NCUA board member and former chair Rodney Hood. The issuance and use of a CBDC for cross-border payments could potentially help simplify intermediation chains, increase speed and lower costs.

FPC 88
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President Trump issues Executive Order on digital assets

The Payments Association

Notably, US banking regulators (e.g., ’ against digital asset companies (see below, Other Key Developments in Crypto ) and the FRBs refusal to permit Custodia Bank to open a master account.