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
- 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 News+ to
Unlock this Feature
Choose Your Plan
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.