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fednow [2023/03/17 17:33]
liam 		fednow [2023/03/17 17:48] (current)
liam
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 FedNow is scheduled to begin formal certification of participants of the program in April 2023, with a formal launch planned for July 2023.((//Federal Reserve announces July launch for the FedNow Service.// (2023, March 15). Board of Governors of the Federal Reserve System. http://archive.today/2023.03.16-030011/https://www.federalreserve.gov/newsevents/pressreleases/other20230315a.htm)) FedNow is scheduled to begin formal certification of participants of the program in April 2023, with a formal launch planned for July 2023.((//Federal Reserve announces July launch for the FedNow Service.// (2023, March 15). Board of Governors of the Federal Reserve System. http://archive.today/2023.03.16-030011/https://www.federalreserve.gov/newsevents/pressreleases/other20230315a.htm))
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 +===== Criticism =====
 +
 +According to [[Whitney Webb]], FedNow functions as a basis for the rollout of a [[central bank digital currency]] (CBDC).((Unlimited Hangout. (2023, March 16). //Crypto & the SVB Banking Crisis with Marty Bent & Michael Krieger.// Rokfin. https://rokfin.com/post/128123))
  
 ===== External links ===== ===== External links =====
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