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The US Federal Reserve has launched "FedNow", a payment service that aims to modernize the US payment system by enabling instantaneous transfer of funds, 24/7. The new service will reduce the time it takes for cash transfers to settle and benefit consumers and small businesses.
The firms bring Fox’s total of outside lobbying shops on retainer to 11, and are the fifth, sixth and seventh new additions to Fox’s bench of outside firms since last March.
Credit unions are looking for approval to hold digital assets like Bitcoin directly, after a federal regulator clarified they can provide cryptocurrency services to customers by partnering with third parties.