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FX spot settlement in 10 seconds: NY Fed releases results of wholesale CBDC research

November 5, 2022

The Federal Reserve Bank of New York Innovation Center has completed the first phase of an experiment with wholesale central bank digital currency.

New York United States Massachusetts Institute Of Technology Michelle Neal York Innovation Center Ny Fed Innovation Center

Source: cointelegraph.com

N.Y. Fed: CBDC could make cross-border settlements faster, safer, more efficient

November 4, 2022

Bank-to-bank transactions that currently take two days could be settled in 10 seconds using central bank digital currencies and blockchain technology, the reserve bank finds.

New York United States Massachusetts Institute Of Technology Lael Brainard Christopher Waller York Innovation Center

Source: americanbanker.com

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Page 4 - Project Cedar News Today

FX spot settlement in 10 seconds: NY Fed releases results of wholesale CBDC research

N.Y. Fed: CBDC could make cross-border settlements faster, safer, more efficient

Explore More Categories