Following earlier public input, @federalreserve requests public comment on a proposal to establish a “payment account,” which legally eligible financial institutions could use for the specific purpose of clearing and settling their payments: https://t.co/wgmhBZgrLB
Wheels down in Beijing!
President Donald J. Trump lands for a landmark summit with China, greeted by Vice President Han Zheng during a welcome ceremony.
“Nobody knows who is in charge, including them. Also, we have all the cards, they have none! If they want to talk, all they have to do is call!!!” - President Donald J. Trump 🇺🇸
Vice President JD Vance says his marathon overnight negotiations with Iran in Pakistan did not end with an agreement.
"They have chosen not to accept our terms," he says.
JUST IN: SBI Ripple Asia completes development of a token issuance platform on the XRP Ledger and registers as a prepaid payment instrument issuer in Japan, enabling businesses to issue tokenized payments.
🚨BREAKING: The Federal Reserve confirms it has no plans to issue a central bank digital currency, instead backing stablecoins and tokenized bank deposits as digital dollar alternatives.