07-20-2023, 12:07 PM
FedNow Service has no relation with CBDCs, Federal Reserve clarifies
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=840/https://s3.cointelegraph.com/uploads/2023-07/538572c7-4480-4db9-be18-b84c9ae50614.jpg"></p><p>The Federal Reserve certified the FedNow Service as “ready” after it onboarded 41 financial institutions, 15 service providers and the U.S. Department of the Treasury to test the system before its launch by the end of July 2023.</p>
https://cointelegraph.com/news/federal-r...d-to-cbdcs
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=840/https://s3.cointelegraph.com/uploads/2023-07/538572c7-4480-4db9-be18-b84c9ae50614.jpg"></p><p>The Federal Reserve certified the FedNow Service as “ready” after it onboarded 41 financial institutions, 15 service providers and the U.S. Department of the Treasury to test the system before its launch by the end of July 2023.</p>
https://cointelegraph.com/news/federal-r...d-to-cbdcs