Big Banks, NY Fed’s Innovation Group See Merit in Digital Ledgers for Global Payments

Citigroup Inc., HSBC, BNY Mellon and other global financial giants have been experimenting with what they call a “regulated liability network” for conducting round-the-clock, wholesale payments using shared ledgers, and a paper released Thursday suggests the system has potential.

Source: https://www.coindesk.com/policy/2023/07/06/big-banks-ny-feds-innovation-group-see-merit-in-digital-ledgers-for-global-payments/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

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