The Fed Mulls Launching New Instant Payment System That Could Taper The Use Of Cryptocurrencies In The US

The Fed Mulls Launching New Instant Payment System That Could Taper The Use Of Cryptocurrencies In The US


ZyCrypto
2022-09-01 20:01:18

The US Federal Reserve is set to launch “FedNow”, -a service that will enable businesses, individuals and institutions to send payments instantly, offering the same services as cryptocurrencies and a central bank digital currency (CBDC).