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RE: President of the Federal Reserve Bank of Minneapolis Say Crypto "Nonsense"

in LeoFinance • 3 years ago

There is a difference between the retail and wholesale. The international banking system needs a lot of help with settlements. The system sucks.

The Fed is updating the US payment system (among banks) with FedNow. But internationally there is nothing for real time settlement.

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3 years ago in LeoFinance by
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     3 years ago  

    Have you seen SWIFT changing to ISO 20022? I believe that is blockchain technology for international real time settlement

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