Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
The Federal Reserve proposes allowing banks to use FedNow services for transfers via intermediaries.

The Federal Reserve proposes allowing banks to use FedNow services for transfers via intermediaries.

AIcoinAIcoin2026/04/08 15:37
Show original
The Federal Reserve released a proposal on Wednesday to allow U.S. banks and credit unions to use the FedNow service for transferring funds through intermediary institutions, in order to support more private sector use cases such as collaborating with correspondent banks to complete the international portion of cross-border payments via FedNow. Currently, fund transfers through the FedNow service are limited to transactions between two U.S. banks. Public comments must be submitted within 60 days after the proposal is published in the Federal Register.
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Lucid (LCID.US) stock price surged over 12%! CEO announces completion of restructuring advisor collaboration, roadmap to profitability emerges

The CEO of Lucid Group Inc. stated that the electric vehicle manufacturer has completed its collaboration with a restructuring advisory team, indicating that the troubled company now has a clearer path to turn around its operations.

智通财经2026/09/17 23:46

US 30-year mortgage rates soar to 7%! Real estate market woes intensify

According to Mortgage News Daily, the average 30-year fixed mortgage rate in the United States rose sharply to 7.24% on September 16, up 27 basis points from 6.97% a week earlier. On September 17, the rate slightly eased to 7.19%, but still remained significantly above the 7% threshold. Currently, existing homeowners in the U.S. face the dilemma of "losing their low-interest loans if they sell", leading to weak willingness to sell, high property prices, and a worsening housing market situation.

华尔街见闻2026/09/17 23:21