Big Banks, NY Fed Start to Test Digital Tokens for 'Wholesale' Transactions

2022-11-16 19:09

A group of major banks have commenced a pilot project alongside the Federal Reserve Bank of New York to test the feasibility of using tokens representing digital dollars to improve how central bank money is settled between institutions.

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Deutsche Bank Envisions Post Covid-19 Economy Accelerating Digital Payments

Since the covid-19 outbreak wreaked havoc across the world’s economies, the global multinational investment bank Deutsche Bank has been encouraging the use of digital currencies. The firm’s Twitter account and macro strategist Marion Laboure have been tweeting regularly about how coronavirus infection risks could “accelerate digital payment systems across the world.

2020-4-8 09:30