The Regulated Liability Network (RLN) has completed its United Kingdom discovery phase and is prepared to proceed to a use case with retail central bank digital currency (CBDC), according to its latest report. The RLN project seeks to accommodate central bank, commercial bank and regulated non-bank transactions operating within “partitions” on a single network.
The RLN is a regulated financial marketplace infrastructure in the U.K. with contributors from financial institutions worldwi