Rostec, a state-owned defense conglomerate in Moscow, has announced that it has developed a blockchain platform that can be used for international settlements.
USDC integration allows Bank Frick users to send and settle payments at a faster rate than the SWIFT network used by a majority of banks
The Fed wants to release a payments system to rival SWIFT and allow real-time settlements indicates it has a real concern over crypto’s ability.
Coinbase is reportedly introducing a mandatory £1,000 minimum for deposits by SWIFT, according to reports.
Katie Hiscox, founder of DRIVE Markets, explained how BSV will evolve settlement systems for international financial instituitons.
SWIFT is looking to protect its cross border payment dominance by bringing in its own blockchain technology.
Protestors in France have been leading a charge that is designed to boost support for cryptocurrency and weaken the euro’s stance as the only accepted currency.
IBM's World Wire offers simpler, faster and cheaper international payments and is expected to have a major impact on the success of current dominant cross-border payment provider, SWIFT.
SWIFT may be considering the integration of the blockchain and has announced that it will trial a new payments gateway with Ripple competitor, R3.
After the Central Bank of Iran was ejected from the global SWIFT network following the reintroduction of U.S.-led sanctions, sources close to the CBI have confirmed it is stepping up efforts to introduce state-backed digital currency.