SIFMA, financial firms launch effort to explore feasibility of a shared ledger technology

Digital Currency
By Dave Kovaleski  |  May 10, 2024

Financial firms and organizations, including the Securities Industry and Financial Markets Association SIFMA) announced a Regulated Settlement Network (RSN) proof-of-concept (PoC) to explore the feasibility of shared ledger technology. The technology would be used to settle tokenized commercial bank money, wholesale central bank money, U.S. Treasury securities and other tokenized assets. In the current financial system, commercial bank money, wholesale central bank money, and securities s...

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