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Finance & Markets

Kansas City Fed Flags Funding Challenges From Tokenized Deposits

Banks are developing tokenized deposits to give corporate customers faster access to their money. In doing so, they are making the deposits they use for funding easier to move. A research briefing from the Federal Reserve Bank of Kansas City published Friday (Oct. 16) examined the implications for bank liquidity as tokenized deposits move toward […] The post Kansas City Fed Flags Funding…

Kansas City Fed Flags Funding Challenges From Tokenized Deposits

We haven't written up this one. PYMNTS has the full story — the link below goes straight to it.

Read the original at pymnts.com →

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UK Pays Record Sums to Balance Grid as Transmission Falls Behind

The UK is among the most ambitious states when it comes to a transition to a net-zero economy. Also, the UK is struggling with some of the highest electricity prices in Europe—and is paying…

  • UK experiences highest electricity prices in Europe due to net-zero transition
  • Grid balance costs reach record £500 million ($666 million) monthly
  • Transmission bottlenecks hinder renewable energy distribution to demand centers

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