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SWIFT

11 October, 2024

SWIFT trials digital currency and asset transactions in 2025

The 2025 SWIFT trial will enable European, North American, and Asian firms to transact interchangeably with emerging digital assets and...

Is BRICS about to announce a gold-backed currency?

Business

Gavin Lucas

26 August, 2024

Is BRICS about to announce a gold-backed currency?

What the BRICS system will look like in the future is still unclear, but with its annual summit ahead in...

Russia passes bill legalizing digital assets in bid to avoid international sanctions

Business

James Field

1 August, 2024

Russia passes bill legalizing digital assets in bid to avoid international sanctions

In a desperate move, Russia passed a bill allowing businesses to use digital assets for cross-border trade beginning in September,...

Russia pushing ‘crypto’ payments, SWIFT alternative as sanctions bite

Finance

Steve Kaaru

8 July, 2024

Russia pushing ‘crypto’ payments, SWIFT alternative as sanctions bite

Bank of Russia said it had softened its stance on digital asset payment due to sanctions but admitted that the...

SWIFT completes CBDC connector second trials

Business

Fred Baker

29 March, 2024

SWIFT completes CBDC connector second trials

Participated by 38 institutions, results of the second trial of SWIFT's CBDC connector have been released, a project enabling CBDC...

Swift digital bill of lading solution moves forward with proof-of-concept completion

Business

Wahid Pessarlay

17 December, 2023

Swift digital bill of lading solution moves forward with proof-of-concept completion

SWIFT announces completion of second eBL Proof-of-Concept with BNY Mellon and Deutsche Bank, aiming for industry-wide adoption through interoperability solutions.

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Steve Kaaru

22 Nov 2024

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