Tech

In a 12-week proof-of-concept pilot, the New York Fed and a group of major banks begin testing using digital tokens to improve transaction settlements (Jamie Crawley/CoinDesk)




Jamie Crawley / CoinDesk:

In a 12-week proof-of-concept pilot, the New York Fed and a group of major banks began experimenting with using digital tokens to improve transaction settlement.— Citigroup, HSBC, BNY Mellon, Wells Fargo and Mastercard, are among the participating financial giants. – Group of big banks…

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