Boston Fed Researchers: We're Bullish on Bitcoin as a Technology

Boston Fed Researchers: We're Bullish on Bitcoin as a Technology

The Federal Reserve Bank of Boston became one of the first members of the US central banking system to issue an in-depth paper on bitcoin last September that suggested the digital currency was emerging as a cost-effective online shopping tool. Fast forward to today, however, and the number of large merchants entering the bitcoin ecosystem seems to be stagnating. Though major e-commerce players such as Dell and Overstock are expanding the payment option overseas, there has yet to be a billion-dollar merchant of their stature to begin accepting bitcoin in 2015. In a new interview, Boston Fed....


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Federal Reserve Bank of Boston and MIT Release Central Bank Digital Currency ...

The Federal Reserve Bank of Boston and the Massachusetts Institute of Technology (MIT) have jointly published the initial findings of their central bank digital currency (CBDC) research. They also published the open-source code for the CBDC project. Boston Fed and MIT Publish Initial Findings of Their CBDC Research The Federal Reserve Bank of Boston and the Digital Currency Initiative at the Massachusetts Institute of Technology (MIT) released the initial findings of their central bank digital currency (CBDC) research on Thursday. This research is separate from the digital dollar research....

Fed and MIT's CBDC research: Distributed Ledger tech has ‘downsides’

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