Citi, Mastercard, HSBC and the New York Fed’s innovation center (NYIC), which is a part of the Federal Reserve Bank of New York, are some of the bodies that are working together on a proof of concept (PoC) for a regulated digital asset settlement platform. The aim is to explore
US banks test blockchain pilot for digital asset transactions
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Big US banks come together for a regulated proof of concept to research innovation opportunities and improvements for digital financial settlements.