The U.S. Federal Reserve denies that its new instant payments service, FedNow, is in any way tied to the digital asset space. But experts say the new system could lay the groundwork for the infrastructure needed for a potential central bank digital currency (CBDC) in the U.S. And so this week’s announcement has led to a fresh airing of warnings about potential privacy and control risks around a digital dollar.
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Here’s why Wall Street suddenly obsessed with tokenization
Wall Street spent years talking about tokenization, but never seemed to move beyond vague plans and pilot projects. This week,...
