Report: Major Banks Are Investing $50 Million to Build Digital Cash Settlement System

Digital Coin Moving through the Door of a Bank

First reported in 2017, the Swiss bank UBS-led project to create a digital cash settlement system is expected to get an investment of $50 million from some of the largest banks around the world. Unnamed sources linked to the project told Reuters May 17, 2019. Research and Development Almost Complete The promise of magical Internet

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