🚨 The International Payment System, #SWIFT is conducting further #CBDC tests on cross border payments with #cryptocurrency. 👀
🇷🇺: The #Russian Government has been cancelled and banned from the SWIFT system on 26/02/2022 and since has used other systems such as #Bitcoin and/or (#CIPS) China’s cross-border Interbank Payment System.
https://finbold.com/confirmed-swift-is-conducting-cbdc-related-tests-for-cross-border-payments-involving-crypto/
🇷🇺: The #Russian Government has been cancelled and banned from the SWIFT system on 26/02/2022 and since has used other systems such as #Bitcoin and/or (#CIPS) China’s cross-border Interbank Payment System.
https://finbold.com/confirmed-swift-is-conducting-cbdc-related-tests-for-cross-border-payments-involving-crypto/
Finbold
Confirmed: SWIFT is conducting CBDC-related tests for cross-border payments involving crypto
There has been a recent uptick in curiosity over CBDCs with nine out of ten of the world's central banks are now investigating CBDCs.
🚨#Rostec, a #russian manufacturing and tech company has announced a #blockchain-based alternative to the #SWIFT system they’ve recently been banned from. 🇷🇺👀⬇️
https://news.bitcoin.com/russias-industrial-giant-rostec-announces-blockchain-based-alternative-to-swift/
https://news.bitcoin.com/russias-industrial-giant-rostec-announces-blockchain-based-alternative-to-swift/
Bitcoin News
Russia’s Industrial Giant Rostec Announces Blockchain-Based Alternative to SWIFT – Finance Bitcoin News
Russian conglomerate Rostec has developed a system allowing the processing of international settlements and storage of digital currency.
🚨The interbank messaging platform used worldwide, #SWIFT has now partnered with #Chainlink 😳📈⬇️
https://www.coindesk.com/business/2022/09/28/swift-partners-with-crypto-data-provider-chainlink-on-cross-chain-protocol-in-tradfi-play/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
https://www.coindesk.com/business/2022/09/28/swift-partners-with-crypto-data-provider-chainlink-on-cross-chain-protocol-in-tradfi-play/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
CoinDesk
SWIFT Partners With Crypto Data Provider Chainlink on Cross-Chain Protocol in TradFi Play
Interest from institutional investors moving into crypto has been “undeniable,” according to SWIFT’s Strategy Director.
🚨#JPMorgan is teaming up with #VISA to provide an alternative solution to the #SWIFT messaging system for cross-border payments 😏🚀⬇️
https://cointelegraph.com/news/swift-action-jpmorgan-and-visa-team-on-cross-border-blockchain-payments
https://cointelegraph.com/news/swift-action-jpmorgan-and-visa-team-on-cross-border-blockchain-payments
Cointelegraph
SWIFT action: JPMorgan and Visa team up on cross-border blockchain payments
Adding to the partnership, JPMorgan has also revealed that German financial behemoth Deutsche Bank has signed on to become a founding member of its payments verification tool Confirm.