Even Fed Is Not Happy with the Current Payments System

Cryptonews Fed Chairman Jerome Powell. Source: a video screenshot, Youtube, NBC News As Bitcoin and other cryptocurrency projects are already forcing banking incumbents to work more efficiently, the Federal Reserve, the central bank in the U.S., is reportedly “seriously considering” to develop a new and faster payments system for domestic use in the U.S., a recent letter from Fed Chairman Jerome Powell August 05, 2019 at 05:01PM By Crypto News