ECB and Fed unite on global currency standard
The two central banks want to create the ‘USB of currency processing’
When the Federal Reserve and the European Central Bank (ECB) collaborate on a project – in this case a set of standards for banknote-sorting machines – there is a much better chance the final product will become the de facto global standard.
Since the beginning of 2015, the two central banks have been working together on redesigning a set of standards called the Common Detector Interface (CDI). The new set of standards, appropriately named CDI2, are designed so that any given sensor can be
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