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Fed announcing CDBC in July, Spicy! (www.federalreserve.gov) 🌶️ - S P I C Y - 🌶️

posted 1 year ago by bubble_bursts 1 year ago by bubble_bursts +125 / -1

Federal Reserve announces July launch for the FedNow Service

The Service will Debut with Financial Institutions and the U.S. Treasury on Board CHICAGO – The Federal Reserve announced that the FedNow Service will

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– dumb_okie 25 points 1 year ago +25 / -0

I dint think Fednow is CDBC its is a B2B ACH upgrade which is needed. However it may be a testing ground for it.

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▲ 13 ▼

– Rahndo 13 points 1 year ago +15 / -2

You are correct. It is an ACH upgrade (long overdue). It has nothing to do with a digital currency.

This has been explained over and over - but stupid people are going to post stupid fake news. It's what they do...

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▲ 1 ▼

– Jet_Morgan 1 point 1 year ago +2 / -1

It has nothing to do with a digital currency"

Don't be daft.

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▲ 2 ▼

– GGRockz 2 points 1 year ago +2 / -0

It is the camel's nose under the tent. It is the same people lying to you.

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