The Federal Reserve’s instant account-to-account payments rail will go live. FedNow’s launch on July 20 will bring the number of real-time rails in the U.S. to two. One of Ripple’s integrated partners, is a key component of FedNow’s operation and has attracted the attention of the Ripple community. According to certain claims, this partnership could benefit Ripple and XRP.
PBN Research
Volante: Ripple x FedNow
The Federal Reserve has announced its intention to extend the FedNow program to encompass all 10,000 banks located in the United States. As of June 29, the Fed confirmed that 57 initial adopter entities, including financial institutions and service providers, have completed the formal testing and certification process.
Strict Rules coming to Crypto
Coindesk said that it saw a new bill prepared by the US Senate and shared some of the rules in the bill with its readers.
Decentralized finance (DeFi) protocols will have to apply bank-like rules to their users, according to the 2023 date that Coindesk reached and the bill called the Crypto Asset National Security Enhancement Act.
BTC ETF Soon?
https://bitcoinist.com/bitcoin-etfs-closer-applicants-federal-register/
According to a report by Watcher Guru, the regulatory process for the approval of spot Bitcoin ETFs officially began on Wednesday, after eight applicants were listed in the Federal Register,
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