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FED DOWN! Federal Reserve Payment Crash Is A Sign For Collapse Of Banking System – Investment Watch

The Federal Reserve payment system Fedwire went down, freezing wire transfers between banks while I was editing this video. Also, It is a sign for collapse of banking system. It is very clear that something big is happening- perhaps they are trying out a new digital payment system or are trying to cover up some other financial scandal. What’s even stranger is that this problem emerged right after Mrs. Trillions Janet Yellen’s statements about Bitcoin. Mrs.Trillion Janet Yelled referred to bitcoin as an “extremely inefficient way of conducting transactions” and stated her fear that it’s often used for illicit finance. She referred to it as extremely volatile and brought up the huge risks it poses for investors.

Federal Reserve s Money Transfer Services Suffer Outage

Get Permission The Federal Reserve s online money transfer system, including Fedwire Funds and FedCash, suffered an outage for more than three hours Wednesday afternoon, with the Fed citing technical issues as the cause and not a cyber incident. The bank began restoring services by late afternoon, but at its height, the outage affected the Federal Reserve s Account Services, Central Bank, Check 21, Check Adjustments, FedACH, FedCash, FedLine Advantage, FedLine Command, FedLine Direct, FedLine Web, Fedwire Funds, Fedwire Securities and National Settlement Services. These services are used by a wide variety of banks, mortgage houses and other lenders. The Federal Reserve issued a series of alerts throughout the afternoon. The first, posted at 12:43 p.m. ET, said it was investigating a possible issue or disruption in the services.

Federal Reserve Wire and ACH Systems Back Online after Outage Affecting Exchanges

Federal Reserve Wire and ACH Systems Back Online after Outage Affecting Exchanges Feb 25 2021 · 10:05 UTC | Updated Feb 25 2021 · 10:16 by John Kiguru · 3 min read Photo: Depositphotos You have successfully joined our subscriber list. Some other services offered by the Fed were also disrupted some of which include, FedLine Advantage, FedLine Command, FedLine Direct, FedLine Web and FedMail. For an hour, the Federal reserve wire and ACH systems were down. During the Wednesday downtime, a number of US-based crypto exchanges was affected. The systems allow the Fed to send wires and settle the transactions in real-time. Fedwire offers real-time settlement across accredited institutions. Gemini and Kraken reported delays in Federal Reserve wire and automated clearing house transactions. But the severity of it was much greater as no bank was able to send or receive wires. During the downtime, many in the crypto community were quick to point out that Blockchain could serve th

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