FedNow, the Federal Reserve’s upcoming on the spot funds system, launched June 29 an inventory of licensed “early adopters” has been revealed. The organizations on the checklist have been licensed as prepared to affix the platform when it launches in late July. No blockchain networks are on the checklist, though not less than two have beforehand introduced they’ll be part of the moment funds system.
The FedNow service stated some organizations not on the checklist could also be built-in at a later date, whereas Steel Blockchain stated it nonetheless intends to affix the platform as soon as it will get a “appropriate financial institution sponsor.”
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