Will the Federal Reserve support the use of cryptocurrency and related blockchain technology to push the movement to faster payments? Next month, the Fed will accept proposals for technologies that can help the U.S. market implement faster, near real-time payments. The Fed’s Faster Payments Task Force is asking the private sector to submit technology proposals for review between April 1 and 15. The growth in chargebacks to merchants since the October 2015 EMV liability shift got quite a bit of attention at the Information Security Media Group’s Fraud and Data Breach Prevention Summit.”]
Source: https://www.cuinfosecurity.com/blogs/will-fed-support-cryptocurrency-p-2094