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New York Fed Partners with US Banks on 3-Month Digital Dollar Project

New York Fed Partners with US Banks on 3-Month Digital Dollar Project

The Federal Reserve Bank of New York’s Innovation Centre (NYIC) in partnership with some US banking giants has kickoff a three-month digital dollar proof-of-concept (PoC) project.

This project “will explore the feasibility of an interoperable digital money platform known as the Regulated Liability Network (RLN),” the US banking community noted. The goal of the project, the reserve bank Read More

Posted: Nov 16 2022, 20:35
Author Name: financemagnates
Views: 110650

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