To that end, it created a “theoretical payment infrastructure designed to support the exchange and settlement of regulated digital assets using distributed ledger technology.” Wells Fargo, Citi, BNY Mellon, Mastercard and HSBC are among the banks the state partnered with for the trial run.
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Bank Blockchain Project Yields Measurable Results: NY Fed
The New York Federal Reserve announced it concluded a successful three-month long blockchain experiment. So reports Blockworks.
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