Fnality boss expects the 'starting gun' soon for the project formerly known as Utility Settlement Coin
October 20, 2020, 4:52PM EDT · 3 min read
Quick Take
- The CEO of Fnality expects central banks to clear the way for DLT-based payment systems by the end of the year.
- A lack of regulatory clarity has delayed Fnality’s launch.
- The project’s developers say calling it a “coin” confuses the issue.
The highly anticipated DLT system for bank-to-bank payments has been held up waiting for approval from central banks, according to CEO Rhomaios Ram.
Subscribe to The Block to
Unlock this Feature
Choose Your Plan
Questions?
If you want to know more about what you get with a Membership, or you need help convincing your manager, we got you covered. You can find the details and learn more about the benefits by clicking the link below.
