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…