New York Fed to Participate in Joint International Research Effort on Tokenization and Cross-Border Payments
April 04, 2024
April 04, 2024
NEW YORK, April 4 -- The Federal Reserve Bank of New York issued the following news release on April 3, 2024:
The Federal Reserve Bank of New York's New York Innovation Center (NYIC) today announced that it will participate in an international technical research project that will explore whether the tokenization of central bank money and commercial bank deposits operating on a shared programmable ledger can improve wholesale cross-border payments.
Project Agora, a new e . . .
The Federal Reserve Bank of New York's New York Innovation Center (NYIC) today announced that it will participate in an international technical research project that will explore whether the tokenization of central bank money and commercial bank deposits operating on a shared programmable ledger can improve wholesale cross-border payments.
Project Agora, a new e . . .