“We urge financial institutions and their industry partners to move full steam ahead with preparations to join the FedNow Service,” said Ken Montgomery, the chief operating officer at the Federal Reserve Bank of Boston, who has been working on the new system he said will offer a “modern instant payment solution.”
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New York Assembly introduces crypto payments bill for fines, taxes
A bill introduced to the New York State Assembly on Jan. 26 would allow state agencies to accept cryptocurrency as a form of payment...