FedNow

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Federal Reserve’s New Instant Payments System 'FedNow' To Launch in July
The U.S. Federal Reserve is set to launch its long-awaited instant payments service "FedNow" in July. "The Hash" panel discusses the rollout amid a global race to central bank digital currencies (CBDCs).
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The Federal Reserve building in Washington, D.C. (Helene Braun/CoinDesk)
U.S. Federal Reserve’s Real-Time Payments System Coming in July
The new government-operated payments system – often used as an argument against the need for crypto’s payments innovations – will have its first participants certified within weeks.
The Federal Reserve building in Washington, D.C. (Helene Braun/CoinDesk)

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Federal Reserve to Launch Real-Time Payments Service FedNow Mid 2023
The U.S. Federal Reserve plans to launch its instant payments platform FedNow between May and July of 2023. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the details.
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