Canada’s big six banks explore tokenized deposit system to modernize payments

The banks said the first phase of the project involves moving tokenized deposits efficiently across financial institutions.
Source: www.theblock.co

The banks said the first phase of the project involves moving tokenized deposits efficiently across financial institutions.
Source: www.theblock.co
After initial setbacks with its earlier iteration, the CHIPS and Science Act of 2022 sailed through both chambers of Congress early this week. The bill, which held uncharacteristically broad bipartisan support, hit some unexpected roadblocks in its last 24 hours in Congress, but still managed a wide margin of victory at 64-33 in the Senate…