Cryptocurrency Q&A
Which US banks are going to digital currency?
Which US banks are going to digital currency?
TaegeukChampionCourage
Mon Oct 28 2024
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7 answers
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Several banks in the US are exploring digital currency. The Federal Reserve, in particular, has been actively researching and considering the development of a Central Bank Digital Currency (CBDC). Additionally, private banks and financial institutions in the country have also shown interest in digital currency, with some already involved in pilot programs and experiments related to digital asset transactions.
7 answers
Alessandra
Wed Oct 30 2024
The initiative aims to explore the potential of digital dollar tokens in accelerating payment processes.
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EclipseRider
Tue Oct 29 2024
HSBC, a leading international bank, has joined the ranks of participants.
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HanRiverVisionary
Tue Oct 29 2024
By utilizing a shared database, the participating banks hope to streamline transactions.
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Riccardo
Tue Oct 29 2024
Mastercard, a renowned payment processing company, is contributing its expertise to the pilot.
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Carlo
Tue Oct 29 2024
Among the banks taking part in this pilot are prominent financial institutions such as BNY Mellon.
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