NY Fed, banks wrap up regulated liabilities network proof-of-concept using wCBDC

by Aurelia Butler 6 July 2023, 20:40 159 Views

Asset transfers are currently carried out through messaging along the chain of the parties involved. Messaging takes place almost instantly, but settlement does not, Tony McLaughlin, head of emerging payments and business development at Citi Treasury and Trade Solutions, said in a webinar introducing the project results.

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NY Fed, banks wrap up regulated liabilities network proof-of-concept using wCBDC

Nikola falls short of winning shareholder support to issue new stock – but a new law may help

US borrowing costs hit 16-year high as markets unsettled by jobs data

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